Too Many College Grads; Too Few Jobs

The CareerBuilder study is based on 2,134 U.S. workers graduating from college between August 13 and September 6, 2013 See the video: College is not the golden ticket A college education is not necessarily the golden ticket it used to be, says Will McGuinness HuffPost College Senior Editor. His comments are based on The Center for College Affordability and Productivity report, Why are Recent College Graduates Underemployed? The report says: About 48 percent of college grads do not need a four-year college degree for the job they currently hold. Eleven percent of grads are in jobs requiring more than a high-school diploma but less than a four-year degree. Thirty-seven percent are in jobs that could be held by high-school grads. College grads are taking jobs from high school grads About five million college graduates have taken jobs requiring only high-school education. The trend has worsened since 1970: One percent of taxi drivers had college degrees in 1970.

Indians may be poor but they love their jobs, survey finds

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