2. There was an article in The Atlantic this month about how a college education is still the best investment you can make, despite skyrocketing tuition.
Unemployment rate less than HS grad - 12.4%
Unemployment rate for HS grad - 8.3%
Unemployment rate for associate's degree grad - 6.2%
Unemployment rate for college grad (Bachelor's) - 4.5%
Unemployment rate for college grad (Master's) - 3.5%
Bureau of Labor Statistics
Thoes stats mean nothing. My girlfriend is an OU grad, and she works as a waitress because she cannot find true employment. So yes, check her off as 'employed,' but don't kid yourself into thinking she's able to pay back her student loans.
Not enough info. Her degree is in what? How far has she extended her job search and how willing is she to relocate?
Without going into to much about her on a public message board. She graduated with an English degree and would like to teach middle or high school english. She's willing to go just about anywhere. She has an interview with Palm Beach County on Thursday...which is a 2 hour drive from where we are in Orlando.
When I graduated from OU I recieved an internship at Disney World. During the interview I asked what the correlation between an internship and full time employment at Disney was. he lady told me that 98% of the people who wish to continue working for Disney are able too. What she didn't say is that it's as front line hourly - with average pay of 8/hr.
Has my degree helped me gain employment? Sure. Has it pulled a salary that offsets the cost of going to college? Not by a long shot.
Don't get me wrong, I loved my time at OU, but to say that the media is 'sensationalizing' how many people are struggling with student debt is a slap in the face.
Edit to add:
http://articles.baltimoresun.com/2012-05-12/business/bs-bz-jobs-college-grads-20120512_1_college-grads-graduates-job-market
Last Edited: 4/23/2013 4:05:32 PM by OrlandoCat