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.)
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.
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Latest College & Financial Aid News
January 23, 2020
More than 300 McDonald's locations will participate in the new Archways to Opportunity education program which - through its partnership with Indiana's community college system - will help its employees afford college tuition. McDonald's employees who work a minimum 15 hours per week for 90 days can receive up to $2,500 in college tuition assistance each year - or $3,000 per year for managers - at 18 Ivy Tech Community College campuses located in Indiana.[...]
January 21, 2020
The Entertainment Software Association (ESA) announced its first Esports scholarship, expanding its 20-year-old scholarship program to include Esports competitors in college, according to Polygon. The ESA Esports scholarship program is "intended to elevate the participation of women and minorities" who currently "account for a very small percentage of Esports scholarship recipients. Therefore, in order to be eligible for the ESA Foundation Computer and Video Game Arts Scholarship, you must either be a woman or minority and pursuing a degree leading to a career in computer and video game arts and sciences. Current high school seniors, college freshman, sophomore and juniors who are U.S. citizens may apply for the ESA Esports scholarship. Applicants must also be enrolled full-time in an undergraduate program at an accredited four (4) year college or university in the upcoming fall semester in order to be considered. All scholarship applications are due March 2, 2020 at 11:59 PST. Applicants will receive results by mid-June and funds will be issued to scholarship winners by end of August. [...]
January 16, 2020
When it comes to large dollar scholarships, mo' money means fewer problems in paying your college tuition bill. The average student will land between $1,000 and $5,000 in college scholarships after investing a decent amount of time and effort into applying for scholarships. Even smaller scholarships worth $500 are enough to cover books and fees, even if they aren't enough to foot an entire semester’s college tuition bill. [...]