The Daily Circuit

Recent college grads face underemployment, debt

9:06 AM, May 16, 2012

LISTEN

The classes of 2006-2011 continue to face underemployment and overwhelming debt, according to a Rutgers University study released last week on workforce trends.

Chaley Stone, a lead researcher on the study, says that debt is now part of the college experience and that it affects job and career decision graduates make. Many graduates are also wishing they would've picked a different major with more job-ready skills.

From the report:

Many graduates, nearly two-thirds, reported that they would have done something differently in college if they had to do it over. Almost 4 in 10 said they would have been more careful when selecting their major. When asked which major they would have chosen instead, 40% of the sample said they would have chosen a professional major, like education, nursing, or social work.

Stone will join The Daily Circuit to talk about the study and what this means for recent college graduates. Catherine Mann, professor of global finance at Brandeis University, will also join the discussion.

VIDEO: For New College Grads, Jobs Outlook Better but Far From Great

Watch For College Grads, Jobs Outlook Better but Far From Great on PBS. See more from PBS NewsHour.

KERRI'S TAKEAWAY

Internships are essential to get an edge out of college.

comments powered by Disqus
Listen Now

MPR News Radio

Hourly Newscast
On Air As It Happens

The Daily Circuit Blog

Politics & Government:

Three perspectives on bridging the marriage opinion gap

Now that Gov. Mark Dayton has signed the same-sex marriage bill into law, we asked the participants on this week’s Roundtable for advice on how to bridge gaps between Minnesotans who support same-sex marriage and those who oppose it. Jim Wallis, author of “On God’s Side,” thinks we are on the cusp of a nationwide Read more

Arts & Culture:

Temple Grandin helps explain the autistic brain and inspire those who have one

Kerri Miller offers a look inside the thoughts of an autism pioneer. Read more