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Re: Obamanation

By: Decomposed in FFFT | Recommend this post (0)
Mon, 23 Apr 12 4:55 PM | 90 view(s)
Boardmark this board | Food For Further Thought 		Msg. 41029 of 65535
(This msg. is a reply to 41012 by killthecat)
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re: "It's about fostering decent jobs for a vast reservoir of unemployed and underemployed college graduates"

I have to agree with ktc on this.

I haven't been keeping up with the thread - and perhaps the following has already been discussed - but today's relevant news seems to support ktc's opinion.


April 22, 2012


Half of new graduates are jobless or underemployed

WASHINGTON (AP) – The U.S. college class of 2012 is in for a rude welcome to the world of work.

A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge.

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.


Full story: http://www.usatoday.com/news/nation/story/2012-04-22/college-grads-jobless/54473426/1




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Re: Obamanation
By: killthecat in FFFT
Mon, 23 Apr 12 4:02 AM 		Msg. 41012 of 65535

OCU:

The problem isn't about the federal government extending more credit (currently over $1 trillion) to finance new college students. It's about fostering decent jobs for a vast reservoir of unemployed and underemployed college graduates, or ensuring that colleges ready students for employment, especially with the tuition-gouging that has closely followed the student loan program (unintended consequence that nobody without a brain could have anticipated).

The former is nicey-nice. The latter is critical.

Of course, sending them to college keeps them off the unemployment rolls for four years (one election cycle).

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