Unemployment Rate High For Young College Graduates

This new article illustrates that unemployment rates for recent college grads are almost as high now as they have ever been. Specifically, the unemployment rate for these people is now 5.9%. This is less than the rate for the total population, but it is still high.

However, this does NOT mean that you should skip college!! Instead, what it means is that you should keep your costs and debt as low as possible, just in case you have trouble finding a decent job. Even grads who have jobs have very low salaries that make it difficult for them to pay their loan bills. Go to college, but keep your costs low.