The benefits of a college degree, a higher paying job and upward mobility, have been a long standing assumption for college students, but the ability to realize those benefits have diminished in recent years. A study by the Pew Research Center and reported by Time points to the primary problem: “Only 54.3% of young adults aged 18 to 24 have a job.” This is the lowest rate since 1948 when these statistics began being collected. Layered on top of this is the grim news that total student debt now exceeds one trillion dollars.
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