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<p>Why did you quote studies like the following that only discussed unemployment but not underemployment? Most college graduates are not looking to work at Wal-mart for minimum wage. I thought that was the point of getting a college degree-so that you didn’t have to take minimum wage jobs, which, unfortunately, many college degree holders have to take now just to make a living.</p>
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<p>Even some stupid, mindless jobs that pay garbage require high grades from top schools. And you know what caused this? Boomer propaganda that everyone deserves and should go to college and that a degree is worth it at any cost. This is a large reason why this country is tanking in our lifetime, leading to high unemployment due to the oversupply of college graduates. Not to mention the bad fiscal Boomer policies from Boomers only looking out for their own interests (SS and Medicare), and the federal government lending money to naive young people, artificially inflating tuition. While the government makes it impossible to discharge student loans, we’re bailing out irresponsible Boomer mortgage holders and large banks that intentionally made bad loans. If the fiscal cliff crisis hits, there will be an even worse recession, making the job market worse for college grads wasting money on tuition. And all of this is due to bad Boomer policies and Boomer propaganda that no longer applies to the current economy.</p>
<p>And yes, these unemployed college graduates were probably better off investing that tuition money to start a company.</p>