Degree in hand, jobs out of reach: Why recent grads are struggling in a competitive..

[Kal Di]

Article Snippets with My Commentary

The unemployment gap is partly due to the increase in competition and changing employer expectations, said David Deming, professor of public policy at the Harvard Kennedy School.

“What you’re seeing is a consequence of the success we’ve had in educating more people,” Deming told CNN. “Graduating college no longer gives you a leg up, as recent cohorts have seen the highest graduation rates ever.”

Skill requirements for entry-level roles are higher today than a decade ago, he said. 

Some people think the effort of people who graduate with multiple bachelor's or master's degrees is unnecessary. Nowadays, I see it as the new job security.   

Nearly half of Americans say the cost of attending college is worth it only if someone doesn’t have to take out loans, according to a [url=]2024 Pew Research survey.

The USA has had two economic recessions in the last 15 years. Consequently, more people have become more hesitant to take out loans. A debt-free college degree (whether government or independently accredited, CHEA approved, state approved, or state licensed) is the best solution. Depending on your major, government accreditation may not be as important if you intend to only seek employment in the private sector.