Yet another poll finds majority of young people are graduating college without jobs

By Melissa Quinn It’s no secret the economic climate is hardly lush with employment opportunities for recent college graduates, and yet another survey of 2014 grads is proving just that, as 83 percent said they are graduating with a degree and without employment. The poll, conducted by the career-networking site AfterCollege, found that 4 out of 5 students graduating in the coming weeks do not have a job lined up. Seventy-two percent said they were, however, actively looking for one. At this same time in 2013, 80 percent of graduates surveyed said they did not have post-graduate employment. While post-secondary institutions and higher-ed experts are pushing students to work toward diplomas in STEM fields — science, technology, engineering and math — AfterCollege found the employment outlook remains dismal across all fields on study. According to the poll, 81 percent of students graduating with degrees in STEM fields will also leave college unemployed. And business students fared no better, with 85 percent graduating without jobs. AfterCollege’s findings are consistent with those from Accenture’s 2014 College Graduate Employment Survey. The study, released Tuesday, found that a mere 11 percent of graduating seniors had secured a job prior to graduation. In 2013, 16 percent graduated with employment. When examining employment of past graduates, Accenture found that 46 percent of 2012-2013 graduates are currently working full-time jobs. Of those who graduated in the past two year, though, almost half say they are underemployed and work in jobs that do not require their college degree. Additionally, many graduates are leaving college saddled with thousands of dollars in student loan debt. According to the survey, 41 percent will enter their post-graduate lives with less than $30,000 in debt, compared to 16 percent who have loan debt between $30,000 and $50,000. Nationally, a student will graduate with an average of $29,000 in student loans. Read the full article here:

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