If you haven't read it yet, according to a study done by the government for the Associated Press, nearly half of recent college graduates are either jobless or underemployed with work not relevant to their skills. Story here.
Lots of thoughts I want to spill, but the first thing I'm thinking is "Why would someone take on the debt for a useless degree?" I went to a notable institution and got a science degree, and at least am working, although not for a great amount of money. If you are not well-endowed, you shouldn't go. Simple as that.
A lot of people want to blame Obama and "hopey changey", but I started college under Bush 43, and it wasn't any better. I feel bad for those who have liberal arts degrees, essentially $100,000 to learn a hobby. Others simply say "Push 'em to the trades", which do have jobs now, but I don't want the immature youth of the 90s working on my electronics or plumbing.
Overall, the problem, in my mind, is too many degrees by lower-class people and government funding, plus the fact that Corporate America fails to recognize what was once true: investing in a worker instead of passing the training to another company (hot potato theory). My thing is this: No federal college funding. Either you get the military to pay it through the GI Bill (which is by far the best training in the world; joining the miltary will get you job skills, training, trades, and experience, plus a "check" on the veteran question), get scholarships, or have your Mom and Dad finance it. Anyone who goes to college can easily get that regardless of their family's income.
Personally, I don't see it getting any better any time soon. With the fact that it looks like 1800s Russia with the idle labor pool and low wages and high value placed on efficiency rather than quantity, the socialist agenda will keep going. Companies, in my mind, have no incentive to hire a college graduate. Don't want to train, don't want to pay (internships = free labor, can't get in without one!) and it's bad.
Your thoughts....I want to have a discussion about this, as it means a lot to me. Try not to get too political.