4.29.2011

Maybe I should go back to school

I posted earlier about serious lack of employment. So the other line I always get is, "Go back to school if you can't find work." Well, going to school doesn't create jobs as I found out the hard way, blowing five-grand on a trade license and still never got so much as an interview.

Here are some other interesting facts about college...

#1 Since 1978, the cost of college tuition in the United States has gone up by over 900 percent.


#2 In 2010, the average college graduate had accumulated approximately $25,000 in student loan debt by graduation day.


#3 Approximately two-thirds of all college students graduate with student loans.


#4 Americans have accumulated well over $900 billion in student loan debt. That figure is higher than the total amount of credit card debt in the United States.


#5 The typical U.S. college student spends less than 30 hours a week on academics.


#6 According to very extensive research detailed in a new book entitled "Academically Adrift: Limited Learning on College Campuses", 45 percent of U.S. college students exhibit "no significant gains in learning" after two years in college.


#7 Today, college students spend approximately 50% less time studying than U.S. college students did just a few decades ago.


#8 35% of U.S. college students spend 5 hours or less studying per week.


#9 50% of U.S. college students have never taken a class where they had to write more than 20 pages.


#10 32% of U.S. college students have never taken a class where they had to read more than 40 pages in a week.


#11 U.S. college students spend 24% of their time sleeping, 51% of their time socializing and 7% of their time studying.


#12 Federal statistics reveal that only 36 percent of the full-time students who began college in 2001 received a bachelor's degree within four years.


#13 Nearly half of all the graduate science students enrolled at colleges and universities in the United States are foreigners.


#14 According to the Economic Policy Institute, the unemployment rate for college graduates younger than 25 years old was 9.3 percent in 2010.


#15 One-third of all college graduates end up taking jobs that don't even require college degrees.


#16 In the United States today, over 18,000 parking lot attendants have college degrees.


#17 In the United States today, 317,000 waiters and waitresses have college degrees.


#18 In the United States today, approximately 365,000 cashiers have college degrees.


#19 In the United States today, 24.5 percent of all retail salespersons have a college degree.


#20 Once they get out into the "real world", 70% of college graduates wish that they had spent more time preparing for the "real world" while they were still in school.


#21 Approximately 14 percent of all students that graduate with student loan debt end up defaulting within 3 years of making their first student loan payment.

The full article and source material can be found at this link:

http://www.blacklistednews.com/Student_Loan_Debt_Hell%3A_21_Statistics_That_Will_Make_You_Think_Twice_About_Going_To_College/13691/0/0/0/Y/M.html

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