If you’re having trouble finding a job after college, don’t worry, you’re not alone. Actually, it took me several years before I was able to figure out exactly where my life was going after I graduated.
The fact is, the newest generation of college graduates is at a far greater economic risk than that of earlier generations. There are simply too many college graduates, and not enough jobs available that actually require a college education! Unless something changes, future projections aren’t looking too great either.
The figure below shows 13.1 million more college graduates than there are actual jobs that require a degree–that’s a significantly large number doomed for underemployment!
College graduates used to be an elite group of individuals. In the 1950’s and 60’s, 6-7% of the population held a degree. In 2010, 30% of adults in the US possessed a college degree. And the fact is, if current trends stay the same, by 2020 the projected number of adults holding bachelor’s degrees will rise by 30%–from 61 million to 80 million!
There’s a problem here in the United States. We’re pushing higher education on everybody, but the fact is, it isn’t for everybody. And the percentage of college graduates is rising way faster than the creation of new jobs.
We should be telling our kids that there are other options, too–vocational training or entrepreneurship, for example. College used to be the sure way to get ahead, and while it still can be for determined individuals who set out to pursue lucrative careers–doctors, lawyers, computer science majors, IT professionals (and many others, too) –it shouldn’t be the ONLY socially acceptable option post high school.
Not to mention, with the crazy rising costs of college tuition, it’s getting increasingly harder to justify if it’s even worth going to college! Unless you get an amazing paying job, you may never be able to pay off your college debt! Alternative paths should be encouraged in a down-turned economy.
And thanks to outsourcing, the US has turned into a high demand service economy. Retail sales, cashiers and food service jobs top the list of largest employed occupations in the United States–none of which you need a college education. Unless you enjoy the service industry, it’s making seeking out your own employment look better and better!
All that being said, college is a great option for some people. There isn’t anything in the world that can replace the college experience–if you have the opportunity to go and you know what you want to do–go for it! It’s truly a wonderful opportunity, it’s just unrealistic to expect it for everyone.
But, if you’re finding yourself with a college degree and no job, just realize it isn’t necessarily your fault.
Also know that you don’t have to be forced into the mold. If you’re questioning if a traditional type job is even a good fit for you, there are other options! There’s really no certainty when this economy will come around.
Online entrepreneurship is a great way to get started. It’s the path I chose after I graduated college a few years ago and was still stuck working the same job as I had been DURING college — (a service industry job no less) I realized I couldn’t continue my life down that path, and I wasn’t sure when a better opportunity would come around.
So, I began looking for alternative means to make money and stumbled across Wealthy Affiliate. They’re an online business school that teaches you how to start up your own web business. I decided to join the community and was amazed at the training, tools and amazing help offered – I started my membership and never looked back.
It was hard work and took time to see results–but now I have successfully created my own web business and am only regretting the fact I did not find this sooner! If you’re willing to just sacrifice a little bit and dedicate some time to learning how to be successful on your own, you can reap the benefits for the rest of your life and never be “stuck” in a dead end job again.
Are you struggling to find a job? Share you story down below!