Many college students and recent graduates may find themselves asking: “what’s the point?” Why go to college if there is no guarantee of a great job, but you are almost certainly guaranteed to graduate with high levels of debt? But take a careful look at the statistics. While the unemployment rate for recent four year college graduates is 6.8%, the unemployment rate for recent high school graduates is nearly 24% (Webley 2012). Of course, there are many other reasons to go to college, such as personal fulfillment. But for those who are considering not going to college because of economic concerns, I advise you to think in the ‘long term.’
POWERPOINT: Unemployment rate for recent four year college graduates is 6.8% Unemployment rate for recent high school graduates is nearly 24% Need Many of you are no doubt wondering: what should I do with my life? College is certainly a great expense and a great stressor. There are many horror stories of college graduates running up high levels of debt. However, although all sectors of the economy experienced losses during the recession, some of the hardest-hit were traditionally well-paid blue collar jobs in construction and manufacturing. These jobs are no longer in existence either they have been outsourced, are being subsumed by technology, or are unlikely to rebound in the near future thanks to the ‘burst’…
