Mythbusting 101: Uncomfortable Truths Your College Won't Tell You

Mark Hendrickson:

If you or anyone close to you is grappling with the decision of whether to commence or continue college or graduate studies, there are several important facts of life you should know about--facts that colleges themselves aren't likely to mention. These are a few of the uncomfortable truths they won't tell you:

1) "Far more people earn degrees in many liberal arts majors than can be employed in those fields."

Consider the following statistics: More than half of Americans under the age of 25 who have a bachelor's degree are either unemployed or underemployed. According to The Christian Science Monitor, nearly 1 percent of bartenders and 14 percent of parking lot attendants have a bachelor's degree.

Adding additional degrees is no guarantee of employment either. According to a recent Urban Institute report, nearly 300,000 Americans with master's degrees and over 30,000 with doctorates are on public relief.

Posted by Jim Zellmer at August 26, 2012 2:44 AM
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