Although much media attention has been paid to statistics showing the value of a college degree is on the rise, recent college grads are still struggling with unemployment or inappropriate employment. Reports show that workers with a college education fared better during the economic crisis, this was found to be particularly true of people over thirty and professional women. However, this has not been the case for those with degrees under the age of 25.
Recent college grads are facing underemployment or “malemployment,” meaning that they are working at jobs that do not require a college degree. Professor of Economics at Northeastern University Andrew Sum estimates that during the first half of 2010, more than 50 percent of young B.A.-holders were employed at jobs not requiring a college degree.