Posted on 06/25/2013 1:11:18 PM PDT by SeekAndFind
AFTER throwing their caps into the air, fresh-faced college graduates will take their diplomas and head out into the real world this June. It’s a time of excitement, but also of anxiety.
Despite national economic upturns, a university degree may be less consoling and more burdensome during this period of job uncertainty.
A four-year degree from the University of Washington going forward bears an estimated $51,800 in-state price tag today. Over the past 10 years, the cost of public higher education has risen more than 104 percent, spawning a generation burdened by student-loan debt, according to The College Board.
In Washington state alone, more than half of university students graduate with $22,244 of average debt, reports The Project on Student Debt.
With rising tuition costs and cutbacks in financial aid, many students and families have balanced multiple jobs and taken out loans. Higher education is touted as a promise of empowerment, but its outstanding price will haunt the majority of college students far into their working lives.
Unemployment rates are high, particularly for young America. Compared with the overall unemployment rate of 7.6 percent in March, the unemployment rate for young people ages 20 to 24 was 13.3 percent, according to the U.S. Bureau of Labor Statistics.
While college graduates enjoy higher employment rates and quicker employment stabilization compared with their 21- to 24-year-old counterparts without degrees, good opportunities are sparse.
Only 42 percent of recent college grads are working jobs that require college degrees, the Pew Economic Mobility Project reports. Ten percent of recent university graduates are unemployed and 26 percent are underemployed in high-school-level jobs.
(Excerpt) Read more at seattletimes.com ...
Maybe they should contact the politicians they voted for and tell them to knock off all this amnesty BS. Hey! It’s a start.
I bet they’re glad they voted for that Hope & Change, huh?
if they have degrees in something useful like Engineering, they won’t have trouble finding work. The ‘world dance theory’ majors, on the other hand, better get used to seeing rejection letters from employers.
You got what you vote for! I’m just sorry innocent young people are and will continue to, suffer for these morons.
My suggestions to college students to keep student loan debt to a minimum:
Select a public university you can afford.
Select a university near your home, so you can live at home and commute to school.
Work two or three jobs so you can cover most of your living expenses and keep borrowing to a minimum.
Avoid fratenities and excessive partying-—work on the weekends and the evenings.
I know this still works. It’s what I did to get through college without a crushing debt load.
But they do all that and the only jobs open are with the IRS.
Elections have consequences
I posted this elsewhere:
I just had a preliminary phone interview with a developer candidate. He was 22-25ish, graduated in 2012. Within 3 minutes he had told me how much he hated corporate structure and being required to have semi-standard hours (his last employer wanted him in the office between 10-4 but it was annoying to him they asked him to come in earlier), how he disliked having to attend meetings that talked about design, “just let him code” were his words, and how he hated people looking over his shoulder (his words “it sucked”). After 3 questions I bid him good luck and we’d let him know...
And these goobers wonder why they cannot get a real job outside the gaming/start-up industry? They have no respect for battle-tested processes that make money. Honestly I am getting sick and tired of these entitled pansies... and they blame the boomers for their woes. I have not seen one “kid” under 28 or so that can code for sh_t. Outside iPhone apps, games, and social media BS stuff they have no concept of business software. They think that we will give them a one page document and check on them once a month while throwing money at them.
Start out with a community college, it's a lot cheaper, and you are not wasting your money if you decide college is not the route you want to take.
You can always trasfer into a state college, or university,you have an AA or SA, and you may have a shot for some grant money if you do well.
My suggestions to college students to keep student loan debt to a minimum:
Select a public university you can afford.
Select a university near your home, so you can live at home and commute to school.
Work two or three jobs so you can cover most of your living expenses and keep borrowing to a minimum.
Avoid fratenities and excessive partying-—work on the weekends and the evenings.
I know this still works. It’s what I did to get through college without a crushing debt load.
Right on.
I used the GI Bill and worked. My total debt amounted to $1,300.00 through a VA loan.
She will have no problem getting a job...and have ZERO debt.
None of her college was paid by the Fed's either.
RE: She will have no problem getting a job...and have ZERO debt.
Good to know. What did she major in, and did she go to a private or state college?
This is all by design. By the time Obummer leaves office we will have so many underemployed young people with so much student debt, it will be a Perfect Storm of community organizing to demand “change”. Be that a massive WPA-type jobs program, loan forgiveness, or whatever.
Masses of disaffected young are the spark of revolutions.
I am surprised to hear that. My niece graduated from UConn as a math teacher with a masters in a five-year program, and there were a couple of schools that wanted her. She now teaches algebra and pre-algebra to 7th and 8th graders.
Are the large numbers of applicants you get actually certified to teach math? Did they take at least 22 credit-hours of actual math courses in college?
My son just graduated from NIU in Dekalb, IL. He got a job offer 2 weeks “before” he graduated. He’s an electrical engineer.
These kids are dopey. Statistically most of them voted for Obama. Obama through his EPA and other Federal agencies has regulated the productive sector of the economy to a stall. No capitalism, no wealth, no jobs. Hope they enjoyed their four or more years of sex ,drugs, and rock and roll. The world has passed them. Most will experience a much lower standard of living.
They could find a job in areas less than their college degree says then work their way into something more challenging. A lot of us did it in years past.
I have a college degree, but didn’t get where I am today right after graduation. It took years of investment, committment, and hard work. I think many grads expect the world on a platter. It requires adaptation, an open mind, treating others well, and proving yourself.
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