A new study by the Economic Policy Institute found that wages for young college graduates dropped 5.4% in the last ten years after rising 19% under President Clinton. Currently – nearly half of college graduates in America are unemployed or underemployed and drowning in a trillion dollars of student loan debt.
Studies have shown that college graduates entering the job market in a strong economy will earn far more in wages over the course of their life than graduates entering the job market during poor economic times. It’s crucial that our lawmakers direct economic stimulus toward the next generation of leaders, inventors, and entrepreneurs with student loan debt relief, jobs programs, and lower education costs. They’re the ones we should be helping, and not the Romney super-rich who Republicans like Paul Ryan are currently trying to give a $3 trillion tax cut to.