Economy Impacts Seen by College Grads

Georgetown Center on Education and the Workforce has a new report out called "Hard Times: College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal" and it analyses unemployment by major. It shows that students and their families that take on student loans aren't asking what their college major is worth in the workforce.

Too many students aren't getting on-the-job training while they're in school or during summer breaks. As a result, questions about employment opportunities or what type of job they have the skills to attain are met with blank stares or the typical, "I don't know." Worse yet, what they choose might lead to increased challenges in hiring after college.

The reports found that the unemployment rate for recent graduates is highest in architecture (13.9 percent) because of the collapse of the construction. Unemployment rates are generally higher in non-technical majors, such as the arts (11.1 percent), humanities and liberal arts (9.4 percent), social science (8.9 percent) and law and public policy (8.1 percent).  Click on the link to learn more...

The Georgetown Report