College graduates are still screwed

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Thom Hartmann A...
Thom Hartmann Administrator's picture

According to a new report by the Associated Press – half of all young college graduates in America are either unemployed or underemployed.  Armed with technical degrees for high-paying jobs – college graduates are increasingly forced to take work in the service sector – working as waitresses and bartenders as prospects for a post-college job are at their lowest level in a decade. 

On top of that – the median wages for college graduates are down from where they were in 2000.  Couple the poor job outlook with the over one trillion dollar student loan debt bubble – and it’s looking like the makings of a lost generation.