May 20, 2010 by Hayden Shumsky
Filed under College Newswire
April 16, 2010 by Hayden Shumsky
Filed under College Newswire
"The worst part is feeling that I'll have to settle for being less successful than my parents. Every generation is supposed to feel that they're going to do better. I don't want to be a burden on my family, but feeling that... Read More »Scary Stats on Jobs and Young Adults
PEW CENTER SURVEY SHOWS 20% OF 26-YEAR-OLDS LIVING WITH THEIR PARENTS IN 2006, BEFORE RECESSION. CURRENT RATE ESTIMATED AT 35-50%. 10 PERCENT OF ADULTS YOUNGER THAN 35 MOVED IN WITH PARENTS IN LAST YEAR. BUREAU OF LABOR REPORTS THAT 19.4 % OF 25-YEAR-OLDS CURRENTLY... Read More »April 13, 2010 by Hayden Shumsky
Filed under College NewswireDramatically Lower Wages for Recession-Era Graduates
In recent articles in the Wall Street Journal and Atlantic Monthly, you may have seen reference to a disturbing study of the wages of college graduates by Yale Economist Lisa Kahn. In Kahn's study of the wages for college graduates who entered the labor market during recessions, she found drastically lower wages for recession-era college grads when compared to college grads who entered the job market during good times. In year one, those students who graduated during recessions earned 15-30 percent less than those who graduated during non-recessions. But most shockingly, those low wages lingered for 15 or more years. In fact, recession-era graduates' wages never caught up to the wages of good times grads over... Read More »April 13, 2010 by Hayden Shumsky
Filed under College Newswire