Home > About Us > Press Releases > Report 284000 College Graduates Held Minimum Wage Jobs In 2012

Report

284,000 College Graduates Held Minimum-Wage Jobs in 2012

According to the U.S. Labor Department, there were about 284,000 college graduates working minimum-wage jobs in 2012, including 37,000 with advanced degrees. That’s down from 2010’s peak of 327,000 but up 70 percent from a decade earlier.

Of the 41.7 million working 2010 college graduates, about 48 percent work jobs that require less than a bachelor’s degree and 38 percent of those polled did not even need a high school diploma. Why the surge of low-paying jobs? Three-fifths of the jobs lost during the recession that paid middle-income wages have been replaced with the low-wage variety, according to the National Employment Law Project. (For more on this report, click here.)

About Scholarships.com

Since its founding in 1999, Scholarships.com has had one goal: to help students find money for college. More than a decade later, Scholarships.com is recognized by high schools, colleges and universities nationwide and remains a trusted option for students and parents navigating the college and financial aid processes. To obtain more information, order free materials or create a profile, visit www.scholarships.com.

Media Contact:

Kevin Ladd
Scholarships.com
Phone: 847-432-1700 x 111
knl@scholarships.com

Latest College & Financial Aid News

Department of Education Seeking Single Loan Servicer

May 23, 2017

by Susan Dutca

The U.S. Department of Education will offer a contract to a single loan servicer to manage its $1.2 trillion student loan portfolio, which contains over 43 million borrowers. Instead of keeping its current contract with four different services, the ED will award Navient, GreatNet or the Pennsylvania Higher Education Assistance Agency (PHEAA) the contract. What exactly does this mean for borrowers? [...]

Private Colleges Offering Free College Scholarships, Grants, & Discounts at Historic Levels in 2017

May 16, 2017

by Susan Dutca

The chances of getting into a private college at a significantly discounted price are fairly high these days, according to a new report by the National Association of College and University Business Officers. But have students always paid those crazy expensive college tuition costs? [...]

Finding Foster Youth College Scholarships on the Web

May 8, 2017

by Susan Dutca

Roughly half of foster youth graduate high school or receive a high school equivalency diploma by age 19, and less than four percent of foster children earn a bachelor's degree. Getting into college and paying for it is already difficult, so how do foster youth in higher education overcome seemingly impossible obstacles? [...]

Follow Us:

facebook twitter rss feed