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
September 25, 2018
by Susan Dutca
An accomplished student and athlete at George Mason University was not accepted to any sororities at the university. Her sister Lillie believes this is because she has Down syndrome. "Accepting a woman with a disability to a chapter isn't an act of charity, it brings diversity and promotes inclusion," Lillie Heigl wrote in her letter to the head of the university's Greek life. [...]
September 18, 2018
by Susan DutcaPhoto courtesy of Rice University
Some middle-class families may qualify for free tuition scholarships or grants to attend Rice University under a brand-new financial aid plan. The new initiative, called The Rice Investment, will provide full-tuition scholarships to families with incomes up to $130,000 and tuition cuts for families with incomes up to $200,000. [...]
September 11, 2018
by Susan Dutca
Nike gear will not be worn by athletes at The College of the Ozarks following the company's latest ads featuring Colin Kaepernick, claiming it would "choose its country over company." According to the college president, "in their new ad campaign, we believe Nike executives are promoting an attitude of division and disrespect toward America." [...]