41% of college graduates overqualified

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TheCatt
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Post by TheCatt »

Stuck in jobs that "don't require college degrees"

I'm going to say they aren't overqualified... they're getting what they are qualified for.

A survey out Tuesday found that 41% of college graduates from the last two years are stuck in jobs that don't require a degree.
Consulting firm Accenture talked to 1,005 students who graduated from college in 2011 and 2012 and haven't returned to graduate school. In addition to those who are underemployed, 11% said they are unemployed, with 7% reporting they haven't had a job since graduating.
The lack of job options in their chosen fields are weighing grads down, as nearly half of the recent graduates believe they would fare better in the job market if they'd pursued a different major.


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GORDON
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Post by GORDON »

I bet they had a shitload of fun in college, though.
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TPRJones
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Post by TPRJones »

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TheCatt
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Post by TheCatt »

Well... kinda
on average, community college graduates right out of school make more than graduates of four-year universities.

....
Although these figures vary widely by profession, associate's degree recipients, on average, end up making about $500,000 more over their careers than people with only high school diplomas, but $500,000 less than people with bachelor's degrees, the Georgetown center calculates.
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Malcolm
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Post by Malcolm »

I still maintain that the more schooling you need, the more deficient your brain is.
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TPRJones
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Post by TPRJones »

Although these figures vary widely by profession, associate's degree recipients, on average, end up making about $500,000 more over their careers than people with only high school diplomas, but $500,000 less than people with bachelor's degrees, the Georgetown center calculates.
Well, sure, if you are looking at how the job market worked over the last thirty to forty years. This is a study of past trends of earning. I suspect the same study done twenty to thirty years from now and showing new information will find that that second number is much much smaller if not slightly inverted.
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