Hank Jordan's Blog
Writing / Publishing / Business Consulting

Is College Working?

January 9th, 2011 by Hank

According to a book by Dr. Richard Aram of New York University about recent college graduates, just about to be published:

“Since graduating, 60 percent have full-time jobs, nearly 36 percent have moved back home to live with either their parents or relatives and nearly one-tenth are carrying more than $60,000 worth of debt. Of those who have jobs, more than two-thirds were making less than $35,000 a year and 45 percent were earning $15,000 or less.”

His conclusions are based on a research study of 2,300 students tracked through high school and college.

Rasies serious questions, doesn’t it? Whose fault? What’s happening to “college education” and is there a fix?

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One Response

  1. Jim Coleman

    It’s apparent to me, and has been for some time, that when “a college education” becomes the norm, then college graduates will no longer be exceptional. When graduate school becomes typical, then no one will be exceptional and everyone will make $30 to $40 K per year because the economy will not be able to support everyone making $150 K per year. The only really wealthy at that time will be the entrepanuers.

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