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College Grads Today
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College Grads Today
Consider these facts:
- Only 20% of 2009 college graduates who applied for a job actually have one. That's down from 51% in 2007 and 26% in 2008. (Source: NACE)
- 51% of student loan recipients say it will take them more than 10 years to pay off their student loans. (Source: CollegeGrad.com)
- By the time they graduate, nearly two-thirds of students at four-year colleges and universities have student loan debt (66.4% in 2004). (Source: National Center for Educational Statistics)
- Graduates leave school with 41% more credit card debt then four years ago, with one in five owing at least $7,000 on plastic by the time they get their diploma. (Source: Sallie Mae)
- Almost 65% of college graduates more back home after graduation. (Source: US Census)
When discussing these alarming statistics, many people shrug their shoulders and say, "Someone has to do something." We believe that "someone" is all of us. We're doing our part with the Real World 101 Program.
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