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CCAP report on Underemployment of College Grads Grabs Media Attention

Posted on January 28th, 2013, by 3 Comments

As CCAP releases a new study today, the media coverage has already been strong. “Why are Recent College Graduates Underemployed? University Enrollments and Labor-Market Realities” has been discussed in USA Today, National Review, Inside Higher Ed, The Chronicle of Higher Education,  CNN Money, and The Pittsburgh Tribune-Review, to

name a few.

Briefly, the study by Richard Vedder, Christopher Denhart, and Jonathan Robe finds that nearly half of recent college graduates are underemployed, holding jobs that require less than a four-year college degree. That finding, coupled with data from the Bureau of Labor Statistics, suggests that public policy directs too much state and federal funds to higher education, resulting in overinvestment and

burdening graduates with large amounts of student-loan debt.

Instead of ensuring taxi drivers and retail sales clerks hold college degrees (15 percent and 25 percent, respectively), our system of educating students and preparing them to enter the workforce might need a reformation ranging from fewer students at four-year institutions  to alternative methods to verify competency.

  • pointforward

    It must be because they are all dumb jocks working at Enterprise.

  • pointforward

    I do wonder if the illiterate staff of this site meant that recent college grads are ‘over qualified’. I suspect all those surveyed have full time jobs, which hardly makes them ‘underemployed’. The grammar and syntax of your right wing staff of morons is bad enough, but usage errors of this sort are ludicrously stupid (despite occasional pretentious and often wrong uses of fancy vocabulary words in other pieces).
    This site is the best humor site since the Onion!

  • MMac

    @pointforward:disqus . After a brief review of this article, it appears the staff of this site were actually quoting the study entitled, “Why Are Recent College Graduates Underemployed (University Enrollments and Labor Market Realities)”. Underemployment isn’t a fancy word it’s merely an economic term synonymous with “overqualified”.