It is rough for recent graduates of the University - but this does not mean that you pursuing a degree a bad idea.
The unemployment rate for Americans in General, which includes those with and without a college degree, is greater than for those with at least one Bachelor's degree, according to a report released Thursday by the Bank of Federal Reserve of New York. When you break those with higher education of the general population of the worker, the benefit becomes clear, as illustrated by this letter from the Bank:
Add to the table, found a recent study conducted by the project of Hamilton that growing gap in employment and income among graduates and those who do not have a degree - University of meaning is becoming more important, not less.
This fact is forgotten frequently in the discussions on the situation of recent graduates, many of whom are underemployed, according to various studies. A recent study by McKinsey pointed out a newly minted college graduate to take a job that have an outstanding preparation for every five minutes in America.
Many are questioning the value of a title because it has become so expensive to get one. And the Congress may be making it worse. The Senate could not pass an agreement on Thursday to prevent duplication in many loans backed by the Government of the University of interest rates. The result: about 7 million students could see their double borrowing costs the coming week.
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