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College Graduates Beg for a Shrinking Pool of Jobs

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PhDs Go Begging, Microsoft Lays Off High Tech Workers, Graduates Not Able to Cope with Student Loan Debt Getting Jobs as Baristas... By John Lawrence ...That's the new reality for today's college graduates. Have America's young people been sold a bill of goods? They thought that a college degree guaranteed them an entry to a good middle class life. Many are now finding out that that's not the case as they struggle to pay student loans and try to cope with an anemic jobs market. For-profit colleges are advertising on TV in order to perpetuate the myth that a college education is a panacea. Even President Obama spouts that everyone should go to college, saying that's what will cure the nation's ills and prevent us from falling into the abyss of national mediocrity. But don't count on it.

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