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Results tagged “collegegraduates”

New Studies Show Depressing Job Prospects For College Graduates

New Studies Show Depressing Job Prospects For College Graduates

Sure, NYU graduates, you may have had former President Bill Clinton give your commencement address at Yankee Stadium yesterday, but today is another day, one where you get to read about your crappy job prospects! The NY Times reports, "The median starting salary for students graduating from four-year colleges in 2009 and 2010 was $27,000, down from $30,000 for those who entered the work force in 2006 to 2008, according to a study released on Wednesday [PDF] by the John J. Heldrich Center for Workforce Development at Rutgers University. That is a decline of 10 percent, even before taking inflation into account." more ›

Is It The Job Market Or Mom's Scones? 85% Of Grads Move Back Home

Is It The Job Market Or Mom's Scones? 85% Of Grads Move Back Home

Spring means that flowers bloom, little forest animals have sex, and colleges slap the Bud Lights out of our nation's 22 year olds' hands and tell them to get a job. Each year we're bombarded with coverage on how terrible it is to be young, educated and full of endless vitality. Last year, the American Dream for this demographic was declared dead. This year, they're dancing on its grave from their parents' couch: 85% of grads are expected to move back into their childhood homes, the Post reports. more ›

College Graduate Sues School Cause She's Unemployed

College Graduate Sues School Cause She's Unemployed

One recent college grad in The Bronx is taking the well-trodden path of looking for a paycheck from her alma mater in the face of a job market that has quickly revealed how little a bachelor's degree actually qualifies you for. Except for 27-year-old Trina Thompson, she's not simply hitting up Monroe College for her first post-collegiate job—she's suing them to get her tuition back, saying that they have not done enough to help her find work. Thompson is suing Monroe for $70,000, claiming that the staff members at their career services department "have not tried hard enough to help me" since she graduated in April with an Information Technology degree. Thompson's mother told the Post that she supports the suit. She said, "She's angry...She put all her faith in them, and so did I. They're not making an effort...We're going to be homeless, and we'll still have a student loan to pay." A spokesman for the school laughed off the lawsuit, saying it "is completely without merit" and "does not deserve further consideration." more ›

Influx of Young Renters Finding Cheaper Options

Influx of Young Renters Finding Cheaper Options

With college graduation season in full swing, New York is about to be invaded with this year's crop of postgrads following the legends they've heard of this safe version of New York City that now apparently even promises affordable apartments in neighborhoods they've seen in movies since they were kids. The Times talks to recent transplants and realtors about just how affordable Manhattan apartments have gotten recently. One apartment hunter tells them, “I can type in my search criteria now and see 50 listings in Manhattan...they are definitely there and two years ago, they weren’t.” Others say that they're just satisfied with how spacious apartments are in neighborhoods they find pleasantly surprising such as Gowanus and Harlem. A recent grad described how many college friends she has in Astoria saying, “I guess it’s the same idea as immigrants—they find ways to stay near one another." One realtor tells the paper that things certainly have changed since the 32,000 graduates who arrived in 2007 when "Wall Street gave them $60,000 a year and $10,000 in moving fees.” more ›

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