Bad news for those getting ready to walk the stage. According to new study by Northeastern University, 53.6-percent of recent grads are either unemployed or underemployed, and with the class of 2012 getting ready to enter the job market, many worry that number will only increase.
Last year, college grads under the age of 25 were more likely to work at Starbucks or a local restaurant than as engineers, scientists, or mathematicians. Many blame the lack of job prospects on the majors many students pursue in college. Northeastern researchers found that those with degrees in anthropology, zoology, art history, philosophy, and humanities were least likely to be employed, while those pursuing degrees in nursing, teaching, and sciences have an easier time finding a job.
But is choosing a major you dislike or a job that you hate really the answer to getting a job? Or should liberal arts and social science fields be supported like other fields of study?
The new data have many wondering if college is still worth the high price tag, because it leaves many young people deep in debt and without a high-enough paying job that can help them afford to pay it back.
Despite the lull in the job market for some grads, for many students college is still the best way to increase one’s earning potential. College grads consistently make more money than those with a high school diploma, and those with post-graduate degrees earn more than their counterparts who only have a bachelor’s degree.
Are you getting ready to graduate? Check out our 4 Tips to help you cope