Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Curse of the Class of 2009
Yahoo ^ | 5/11/2009 | Sara Murray

Posted on 05/15/2009 6:49:48 AM PDT by Red in Blue PA

The bad news for this spring's college graduates is that they're entering the toughest labor market in at least 25 years.

The worse news: Even those who land jobs will likely suffer lower wages for a decade or more compared to those lucky enough to graduate in better times, studies show.

Andrew Friedson graduated last year from the University of Maryland with a degree in government and politics and a stint as student-body president on his résumé. After working on Barack Obama's presidential campaign for a few months, Mr. Friedson hoped to get a position in the new administration. When that didn't pan out he looked for jobs on Capitol Hill. No luck there, either.

So now, instead of learning about policymaking and legislation, he's earning about $1,250 a month as a high-school tutor and a part-time fundraiser for Hillel, a Jewish campus organization. To save money, he's living with his parents.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: bhoeconomy; economy; nojobs; obama
Navigation: use the links below to view more comments.
first 1-2021-32 next last

1 posted on 05/15/2009 6:49:48 AM PDT by Red in Blue PA
[ Post Reply | Private Reply | View Replies]

To: Red in Blue PA
Andrew Friedson graduated last year from the University of Maryland with a degree in government and politics

This doesn't seem like a very useful degree. Why aren't we encouraging people to learn actual job skills?

2 posted on 05/15/2009 6:52:45 AM PDT by brytlea (Jesus loves me, this I know.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Get a skill.

Plenty of people need stuff fixed.

Not very many people need someone who can write a term paper.


3 posted on 05/15/2009 6:52:59 AM PDT by VanDeKoik (Enemy of the state since 1978!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

A damn useless degree. He should have gotten an engineering degree in mechanical, electrical, chemical, or nuclear engineering. My company is hiring every college grad engineer they can lay hands on.

No sympathy for him on my part.


4 posted on 05/15/2009 6:57:45 AM PDT by nuke rocketeer (File CONGRESS.SYS corrupted: Re-boot Washington D.C (Y/N)?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Let’s see, he could always join the military.


5 posted on 05/15/2009 7:02:52 AM PDT by beaversmom
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Maybe he could work as a Diversity Coordinator at a hospital. That’s a good way to “give back” to society and get off the greedy corporate treadmill. And the salary is $300,000 or so. Hey, it worked for Michelle.


6 posted on 05/15/2009 7:03:27 AM PDT by ClearCase_guy (We are a ruled people, serfs to the Federal Oligarchy -- and the Tree of Liberty thirsts)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nuke rocketeer
A damn useless degree. He should have gotten an engineering degree in mechanical, electrical, chemical, or nuclear engineering. My company is hiring every college grad engineer they can lay hands on.

If they could have, they would have.

< whine > Engineering is TOO HARD. < /whine>

Maybe you can hire Art Appreciation grads and teach them AutoCAD. :-)

7 posted on 05/15/2009 7:07:10 AM PDT by Gorzaloon (Roark, Architect.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Gorzaloon

Yep. Both my kids just graduated from Yale and UNC Chapel Hill and neither have a job lined up. My oldest graduates from Yale next week with 2 Masters in Harp Performance and she is afraid that she will have to move and leave her boyfriend who is also attending Yale in a Musical Doctorate program.

My 2nd kid just graduated for UNC with a dual major in liquistics and photo journalism. She is number 3 in the graduating class and has nothing lined up. With all of the newspapers closing down including our local paper, her job prospects are bleak.

I also mentioned the military (Air Force) but was poo pooed. Sure am glad I didn’t co-sign any of the student loans. My wife and I are making preparations for their moving back home.


8 posted on 05/15/2009 7:22:01 AM PDT by DownInFlames (C)
[ Post Reply | Private Reply | To 7 | View Replies]

To: DownInFlames
My neice is going off to college in the fall. Expesnive school. She's planning on studying history. I took my brother aside and said, "You know, I have a history degree. It's been a total waste. Hasn't helped me at all. I wasted years of my life and thousands of dollars and I got precious little for it. Tell Susan that she needs to choose something more practical."

He just shrugged.

9 posted on 05/15/2009 7:39:28 AM PDT by ClearCase_guy (We are a ruled people, serfs to the Federal Oligarchy -- and the Tree of Liberty thirsts)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Gorzaloon

Under the current system if you don’t have parents that are willing to take out 50k in loans or are minority it’s near impossible to get an engineering degree. There’s no way you can work 40 hours a week and take a full time engineering class load and do well. You might struggle and make it through but does anyone really wanna hire a engineer that graduated with a 2.2 GPA?


10 posted on 05/15/2009 7:43:46 AM PDT by Taskmaster Cyning
[ Post Reply | Private Reply | To 7 | View Replies]

To: brytlea

“After working on Barack Obama’s presidential campaign for a few months, Mr. Friedson hoped to get a position in the new administration. When that didn’t pan out he looked for jobs on Capitol Hill. No luck there, either.”

LOL, poetic justice considering what a worthless, silly degree he earned.


11 posted on 05/15/2009 7:48:07 AM PDT by RooRoobird20 (1/20/2013: "Change We Can Believe In")
[ Post Reply | Private Reply | To 2 | View Replies]

To: nuke rocketeer

"Well, the world needs ditch diggers, too."

12 posted on 05/15/2009 7:53:24 AM PDT by dfwgator (1996 2006 2008 - Good Things Come in Threes)
[ Post Reply | Private Reply | To 4 | View Replies]

To: brytlea
I talked recently with a friend in the medical field (currently employed, fortunately), who has $400,000 in student-loan debt. Her payments are $3,000 a month. Yikes! She says there's nothing she can do to get the amount reduced, but $3,000 a month is almost her entire gross monthly salary. It was a good and worthwhile degree (medicine-related), but who can afford such payments?
13 posted on 05/15/2009 7:54:28 AM PDT by MissNomer (Proud member of FR's "Final 300")
[ Post Reply | Private Reply | To 2 | View Replies]

To: All

Eventually some of these kids who avoided “hard” degrees (engineering, math, etc.) will figure out there’s little they can do with their poli sci, communications or “XXXX studies” degrees.

The brighter graduates will realize they have to go back to school to get degrees which lead to jobs that pay a decent living. The duller graduates will never figure this out; they will remain whiney victim liberals in dead-end jobs. Or they’ll go to the work for the government. :0)


14 posted on 05/15/2009 7:54:39 AM PDT by RooRoobird20 (1/20/2013: "Change We Can Believe In")
[ Post Reply | Private Reply | To 10 | View Replies]

To: Taskmaster Cyning
There’s no way you can work 40 hours a week and take a full time engineering class load and do well. You might struggle and make it through but does anyone really wanna hire a engineer that graduated with a 2.2 GPA?

I see enough exceptions so that I am not totally discouraged. My niece graduated a few years ago from a trendy school with dual Chemistry and Physics majors. Here parents had little money. She worked and saved her money, hustled her own scholarships, obtained a SMALL student loan, and worked year round at the college.

Of course, she IS a Conservative, so we should not be surprised.

College was highly disagreeable to her because of the Leftist political advocacy.

15 posted on 05/15/2009 7:57:03 AM PDT by Gorzaloon (Roark, Architect.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Taskmaster Cyning
"Under the current system if you don’t have parents that are willing to take out 50k in loans or are minority it’s near impossible to get an engineering degree. There’s no way you can work 40 hours a week and take a full time engineering class load and do well. You might struggle and make it through but does anyone really wanna hire a engineer that graduated with a 2.2 GPA?"

Wonder how my dad's age cohort co-workers managed to get their degrees while married with children and working full time. Granted they had GI bill help, but they worked as draftsmen and went to school nights. Our basement was used as an adjunct architectural studio for 4 of his co-workers as it was close to Catholic University. All of them did freelance/moonlighting work producing renderings and extra work. Every one of them went on to establish their own firms. Took a bit longer but provided a more stable and varied real world knowledge and experience base.

16 posted on 05/15/2009 7:57:21 AM PDT by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
[ Post Reply | Private Reply | To 10 | View Replies]

To: DownInFlames
Oh, we have those in my family as well. Nieces and nephews with degrees in Art and Sociology.

What were people thinking? "Get a degree in ANYTHING...it doesn't matter what"?

Needless to say, their prospects would have been much better if they had studied Automatic Transmission repair, or welding.

..Or just invested the tuition and sold out a year ago.

17 posted on 05/15/2009 8:02:33 AM PDT by Gorzaloon (Roark, Architect.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: MissNomer

I talked recently with a friend in the medical field (currently employed, fortunately), who has $400,000 in student-loan debt.

Are you saying someone who is NOT an M.D. degree racked up $400k in student debt? That’s incredible.


18 posted on 05/15/2009 8:02:46 AM PDT by RooRoobird20 (1/20/2013: "Change We Can Believe In")
[ Post Reply | Private Reply | To 13 | View Replies]

To: ClearCase_guy
"You know, I have a history degree. It's been a total waste. Hasn't helped me at all. I wasted years of my life and thousands of dollars and I got precious little for it"

Thanks for the honesty. Unless people end up ensconced in the government funded sector (directly or indirectly) many degrees are of questionable economic worth, although they may be laudable as an avocation. For most it is time misspent at best.

19 posted on 05/15/2009 8:02:57 AM PDT by MSF BU (++)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Gorzaloon
Wonder how my dad's age cohort co-workers managed to get their degrees while married with children and working full time.

About half of our R&D Group did that in the '70's. It took a long time and hard work, but not only were they respected for it, they were never "New Graduates".

The Company had Tuition Assistance programs. Good grades, one got more help. Everyone won.

20 posted on 05/15/2009 8:05:38 AM PDT by Gorzaloon (Roark, Architect.)
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-32 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson