Rethink the value of college

Photos

college | Photo 02

see larger image

uploaded by 158

• 

  uploaded by 158 | add comment

• 

  uploaded by 158 | add comment

Education is important

but for some young people

it could be economically [

better to go to work first.

q url="http://www.csmonitor.com/2009/0129/p09s02-coop.html"]

Today's economic downturn has blindsided a generation of young people around the globe brought up to believe that a college degree guaranteed them financial prosperity. Whether in the US, China, or in countries in between, graduates from even marquee-name schools are feeling the crunch, prompting many rightly to rethink the value of their education.

In the US, where higher education is increasingly seen as a right, the unemployment rate among workers with a bachelor's degree or higher reached 3.1 percent in November. While that figure is modest compared with the nation's current overall unemployment rate of about 7.2 percent, it ranks near an all-time high. Analysts predict that the college-educated unemployment rate will exceed 4 percent, which would be the highest since the Bureau of Labor Statistics began tracking unemployment by education level in 1970

[/q]