High Cost Diplomas Lead to Low Wage Jobs

Friday, March 09, 2012

More and more college graduates cannot find a job in the field marked on their degree. But student loans won't wait, so many resort to working in the service industry at places like Walmart and Starbucks just to stay financially afloat. How long will this generation of college-education blue collar workers wait for the jobs they want?

Nona Willis Aronowitz is associate editor at GOOD Magazine. Emily Sanders has worked as a waitress on and off since she was a teenager, and is the former coordinator for Restaurant Opportunities Centers New York.

Dan Gross, Economics editor and columnist at Yahoo Finance, and Charlie Herman, Economic Editor for our co-producer WNYC, discuss the new jobs report released by the Labor Department this morning. 

Guests:

Nona Willis Aronowitz, Dan Gross, Charlie Herman and Emily Sanders

Produced by:

Mythili Rao

Comments [3]

Darrell Scruggs from Nashville

Being a middle aged man. I started out with the ideal of pursuing a career I was interested in (music), which turned out not to be economically viabled for me. In my work experience (with a bachelor in music composition) and that of most of the people I have met, work is no more than a means to survival. I have had a variety of jobs. While in the media I often hear of those who have careers that they are passionate about, in my daily life and with the majority of the people I meet this has the ring of mythology. Whether it is the end of shift, days off, vacations, or retirement most look longingly at the time when they no longer have to be at work. On the contrary I seldom hear anything like that level of anticipation about going to work.
On a slightly different subject, it is often referenced that the unemployment statistics don't reflect those who have given up looking for work. During the times that I have been unemployed (previous to, during, and after the official length of the recession) I have never heard of anyone being surveyed on this matter. So my question is how do they know who has given up looking for work.

Mar. 11 2012 03:30 PM
Phoenix Lundstrom from Lubbock, TX

I took early retirement from a teaching job at a state community college because the stress was so high. Political infighting and bowing to each new teaching strategy did not create a positive atmosphere. I pay $300/mo for my insurance to continue and took a cut in pay but I am a very happy individual; I now work for an online for-profit college that has tremendous support for faculty and students and great professional development opportunities. Sure, I'd like more money and better benefits. On the other hand, I am healthier and happier. I won't trade that for the vaunted buck.

Mar. 09 2012 09:47 AM
Lauren Howie from Atlanta

I have a BA in art history and I've been leasing apartments for almost two years. I don't like it but not because it's sales it's because I don't make enough money. I'd love to go back to school but it's too expensive and I'm already drowning in student loans.

Mar. 09 2012 07:45 AM

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