Thursday, June 16, 2011

Graduate is a fancy word for unemployed.

We have heard it a lot as we are growing up, and in some way many have grown up believing that its the only way  be successful, but is it true? Before graduating high school we are bombarded with colleges and universities propaganda, and the thought of going to college is introduce as being the way to make good money and a good life. As college students we barely survive on noodles and fast food to be able to pay tuition, and even ask for loans to pay for expensive college fees and expensive books. But is it all worth is? It might have been several years ago, but now not really. As college graduates, we  are faced with a cruel reality. We are faced with not being able to find a job,  corrupted corporations, old double dippers, and nepotism. So has the American dream become an unreachable dream?

According to the U.S. Bureau of Labor Statistics, unemployment rate is at 9.1%, and the unemployment rate of  college graduate with a bachelor degree and higher is at 4.5%.