Will the youth of America, the largest Utopian population in America, wake up in time to see that Utopia is expensive.
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A new poll conducted
by global management firm Accenture finds that 41% of U.S. workers who
graduated from college in the last two years are underemployed and working in
jobs that did not require a college degree.
The poll also found that just 16% of college students who
will graduate this year had already landed a job. Worse, 32% of the 2011 and
2012 college graduates who are employed make $25,000 or less in annual salary.
Low earnings like that make climbing out of student debt
difficult. Indeed, 34% of those surveyed said they have student loan debt of
$30,000 or less and 17% owed between $30,000 and $50,000.
With job prospects bleak and personal debt so high, 32% of
the students who will graduate in 2013 say they plan to move back home after
graduation. Indeed, 44% of those who graduated college in 2011 and 2012
say they currently live at home with their parents.
The survey was based on 1,010 students slated to graduate in
2013 and 1,005 students who graduated college in 2011 and 2012. . . . Brietbart.com
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