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Tough Times, Even Higher Debts For College Graduates

Two-thirds of American college graduates left school last year with student loan debt hanging over their heads and the average amount they owed was $26,600, up 5 percent from the previous year. They also walked into a "tough job market" that was only marginally more friendly than in 2010, according to a report released today by the Institute for College Access and Success (TICAS).

The California-based institute says "the unemployment rate for young college graduates in 2011 remained high at 8.8 percent, a slight decrease from 2010, which saw the highest annual rate on record for this group (9.1 percent)."

But, it adds, "many more young graduates were considered underemployed. Among those who wanted to be working full time, as many as 19.1 percent were either working part time or had given up looking for work. Further, 37.8 percent of working young graduates had jobs that did not require a college degree, depressing their wages."

Despite those sobering statistics, "in these tough times, a college degree is still your best bet for getting a job and decent pay," institute President Lauren Asher says, according to The Associated Press. "But, as debt levels rise, fear of loans can prevent students from getting the education they need to succeed."

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

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Your Turn: Sexual Assault, Nate Parker And More

Director Nate Parker's college rape case is resurfacing and putting off would-be fans of his highly anticipated film "The Birth of a Nation." What do Washingtonians think?

NPR

Minnesota Cracks Down On Neonic Pesticides, Promising Aid To Bees

Minnesota's governor has ordered new restrictions on the use of neonicotinoid pesticides, which have been blamed for killing bees. Many details of the plan, however, remain to be worked out.
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Donald Trump’s Immigration Plan And His Visit To Mexico

Donald Trump lays out a plan for immigration after a meeting with Mexico President Enrique Peña Nieto. An update on the Republican presidential nominee’s proposals on immigration, illegal drugs and trade.

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Results From Congressional Primary Races And New Concerns About Hacks Into State Voting Systems

Join us to discuss results from primary challenges to Republican Senator John McCain, Democratic Representative Debbie Wasserman Schultz and others and new concerns possible Russian hackers breaking into U.S. state voting systems.

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