Class of Underemployed

Nearly 50 percent of recent college graduates are working in jobs where no college degree is required.

from My Budget 360

We don’t send our young into the wilderness for a vision quest as a rite of passage. There are few things in modern society that signify a transition into adulthood. Going to college is one of them. And in debt addicted America, it is no surprise that for many, college debt is the first debt they will take on. Getting a college education is supposed to give someone a well rounded view of the world and a potential skill set. Some argue that college is not about vocational training. That to some degree is true but when students are going into $50,000 or $100,000 of student debt, then what is this modern day life quest really teaching and why is the price tag so incredibly high? As college graduation season comes into full bloom, many are left with the prospect of having no job lined up. It is also startling to see how many recent college graduates are working in jobs that really don’t require a college degree (so clearly the vocational piece doesn’t matter here).

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