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By: Cameron Page
About 48 percent of all working college alumni -not just recent graduates - were underemployed in 2010 as the United States began a slow recovery from the Great Recession, including 5 million graduates in jobs that require less than a high school diploma, according to a study from the Center for College Affordability and Productivity.
Jessica Stringfield, who graduated from Miami University in 2011 with a degree in journalism and political science, has until March to find a job offering health insurance to pay for her insulin before she turns 26 and is no longer eligible to be on her mother's health care plan. With four recent interviews and no job offers, she said the search is scary.
"I know I have a flawless resume, amazing letters of recommendation, a wonderful college degree and perfect interview skills, so it's a very perplexing, discouraging situation to be in," said Stringfield, who now works as an administrative assistant for a small dance studio that doesn't offer her benefits. "Without insurance, my medication runs over $1,000 a month. There is no possible way I can afford that."
Ohio University graduate Joe Brotherton, 25, had a job lined up at a law firm when he graduated with a political science degree in 2009. But so close to the economy's collapse, the firm had to cut back and told him, "Luckily, you're not losing a job; you're just not going to get it."
"That was pretty devastating," Brotherton said.
After that, he took a job at Home Depot and has now worked his way up to be a department supervisor, earning benefits and just enough to cover his $800 a month student loan payment.
Brotherton said he is appreciative of his job, but he often thinks: "If I would have started at 18 instead of going to college, I would be doing really well for myself because I wouldn't be in debt and I would be making even more money."
One-third of all college graduates end up taking jobs that don’t even require college degrees.
In the United States today, there are more than 100,000 janitors that have college degrees.
In the United States today, 317,000 waiters and waitresses have college degrees.
In the United States today, approximately 365,000 cashiers have college degrees.
In the United States today, 24.5 percent of all retail salespeople have a college degree.
The percentage of mail carriers with a college degree is now 4 times higher than it was back in 1970.
Right now, there are 5.9 million Americans between the ages of 25 and 34 that are living with their parents.
Getting a College degree is a great accomplishment and can be very beneficial, however it does not insure a thing.
There are many risks and rewards to a degree, one primary risk is student loan debts
It is estimated by the year 2019 the United States Student Debt mark will reach 1 Trillion Dollars
http://endoftheamericandream.com/archives/35-shocking-facts-that-prove-that-college-education-has-become-a-giant-money-making-scam
http://www.theunlost.com/work/why-your-college-degree-doesnt-mean-sh/