The Unlucky Luck of the 2010 Graduate

It's a tough time to embark on a "real world" phase of life. The Bureau of Labor Statistics estimates that there are five job seekers for every opening right about now. That's not good news for the 2.4 million students who put blood, sweat, and tears into the chance to stick a B....

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Bibliographic Details
Published in:Policy File 2010
Main Author: Martin, Courtney E
Format: Report
Language:English
Subjects:
Economic policy
Education
The American Prospect
Online Access:Request full text
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Summary:It's a tough time to embark on a "real world" phase of life. The Bureau of Labor Statistics estimates that there are five job seekers for every opening right about now. That's not good news for the 2.4 million students who put blood, sweat, and tears into the chance to stick a B.A. or A.A. on their resumes. According to the College Board's latest figures, 65 percent of bachelor's degree recipients graduate with educational debt, and half of those students owe at least $20,000. The abundance of unpaid internships out there are little solace for this crowd.