ebro, who had never been to America before arriving in Palo Alto in late September 2005, had dreams of earning a degree in economics and going to work for a venerable bank, either in finance or computer systems.
Now, the 21-year-old Sebro is months shy of graduating. Financial markets have convulsed and unemployment is climbing. And Sebro, who interned at Goldman Sachs in New York in September, had a front row, white-knuckle seat as Lehman - once the nation's fourth-largest investment bank - went bankrupt.
Sebro, who listens to friends talk about job offers rescinded and about the possibility of taking a fifth year of school in hopes the market will recover, is rethinking his own strategy as he prepares to leave the cocoon of college and make it on his own.
"I learned a lot from this crisis," says Sebro, an economics major. "We do not know who will fail next. There is a total change in what is considered risky."
Sebro added, "Nobody knows if a job offer is real these days. I've realized I can't tie my fortune to a big bank. My thinking now is that starting my own business is going to be less risky than going to work for someone else."
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