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.)
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Latest College & Financial Aid News
May 11, 2021
by Izzy Hall
Students were pleasantly surprised to find a free-response question about pop star Taylor Swift on the May 3rd version of the AP US Government and Politics Exam. The question asked students to analyze the content of an Instagram post from Swift that encouraged young people to register to vote for the 2018 midterm elections, and to connect the post to a wider discussion on voter registration. [...]
May 6, 2021
by Izzy Hall
President Biden and Congress are debating on cancelling thousands of dollars in student loan debt. As that discussion continues to unfold, it’s worth noting that since the start of the coronavirus pandemic, student borrowers have collectively saved over $90 billion dollars in federal student loan debt. [...]
May 4, 2021
by Izzy Hall
A growing number of colleges and universities are requiring students to be vaccinated against COVID-19 in order to attend college this fall. More than 200 colleges across the country have made COVID vaccinations an official requirement for the Fall 2021 semester, including Rutgers University, Notre Dame, Cornell College and Duke. It’s a unique case for colleges who, while requiring students to have certain immunizations in the past, have not faced a challenge quite like COVID. [...]