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Sadly I see many students who have worked hard to get college degrees that do matter such as in engineering or health sciences also getting hit by Obama’s failed policies when they too cannot find jobs. The college grads with their degrees in peace studies, feminist theory and racial studies would be stuck making lattes at the local Starbucks regardless of the economy.

True, but even the grads with "soft" majors were getting decent jobs through the latter 1990s-2008. When you start seeing banks and entire companies "too big to fail", and needing government bailouts to prevent them from dragging the rest of the nation's economy with it, the rise of crony capitalism etc., you're witnessing an economic system in decline, an economic system so bloated and decadent that it cannot survive without government assistance. This is what I mean by "dying of its own internal contradictions." This would be occuring whether you had Obama, Romney or Pee Wee Herman as POTUS.

Yes - we all suffer from the dumbing down of the American voter who thinks they are educated. All according to design - start in the schools - don’t teach, indoctrinate.

Sadly I see many students who have worked hard to get college degrees that do matter such as in engineering or health sciences also getting hit by Obama’s failed policies when they too cannot find jobs.

What those in our family experienced was that the "kids" could find jobs in those fields (these were engineering grads from well known and respected school), but the pay was abysmal compared with the usual "going rate" for that field a few years ago.

But that affects everyone looking for a job, even the older workers who had experience, and are out of work, probably will take a job where the pay is less than they made in their previous job.

Supply and demand, there's a glut of employees, and not enough jobs.

As to student loans, the payments must be crushing because I talked with one young man who had less than $10,000 in student loans...his interest rate was over 7% and his monthly payments were around $120 which he considered affordable. Just think of the size of payments for the kids who've financed 30 or 40K in debt.

I think they're in between a rock and a hard place...the fact is a degree is a prerequisite for many jobs, Our son's job required an MBA plus a BA for an entry level job in a particular department of a Fortune 100 company. The days of talking your way into a job even though you don't meet the requirements are over. It's a sad thing for many grads and workers who are out of work because of the economy. An acquaintance was just laid off after 17 years on his job...that's a hard blow to take, and the prospects of future employment are grim.