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1 in 2 new graduates in America are jobless or underemployed
Kiran Chaube
Apr. 22, 2012
The university tution fees have skyrocketed but the opportunities in America for university graduates have plummeted like a depressed economy. American university graduates face huge education debt burden and hardly any jobs.
Those who get jobs are underemployed anyways.
Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, bartender, retail clerk or receptionist, for example — and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans.
The land of opportunities have perhaps turned into the land of exploitation by the rich and powerful.
An analysis of government data conducted for The Associated Press lays bare the highly uneven prospects for holders of bachelor's degrees.
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