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 21, 2019
Ciara will soon "one, two step" in the halls of Harvard University's prestigious Business School according to her latest Instagram post in which she shared the good news of being accepted into the Business of Entertainment, Media and Sports program while donning a Harvard sweatshirt. The $10,000 program, which spans over the course of three days is open to talent and individuals active in the entertainment industry, according to Harvard Business School's website. [...]
May 14, 2019
For a 72-year-old grandmother, graduating from college with a bachelor's degree from The University of New Mexico was "better late than never." To top that off, Rigina Wright also graduated at the top of her class as Valedictorian with a 4.067 GPA. [...]
May 7, 2019Photo courtesy of The Baltimore Sun.
Student at Johns Hopkins University have staged a month-long sit-in at Garland Hall, JHU’s main administrative building, to protest the university's plans for a private police force, which was recently approved by the Maryland General Assembly. The university has had to suspend financial aid, disability, academic advising, and international services due to the protest's complete blockage. The protesting students are also demanding that JHU cancel its contracts with Immigration and Customs Enforcement (ICE) and eight students even chained themselves to Garland Hall. [...]