College allows students the opportunity to:
- learn a trade
- work in a desired career
- further one’s career
- earn a higher salary
But there are no jobs for graduating college students. Despite record amounts of stimulus, we have 8.2% unemployment. The characteristics that define our current economy would traditionally be used to describe the trough of a recession, not a recovery. It is a shame that we’ve sunk so low into our new normal. Ask yourself another question. If we are experience recession-like characteristics in a recovery, how is an "official recession" going to feel like? A depression?
Because of all the worker protection laws, taxes, and regulations:
- companies do not have as much available capital to invest
- companies are weary to hire less experienced college graduates because of all the up front costs in training someone
If an employer were to hire someone with less experience, it makes sense that they’d pay that individual a lower salary. But Obama’s "equal pay for equal work" law that he passed while he had a Democratic congress would make it a crime to pay women less money for equal work. This takes away the opportunities for many women, specifically new grads that probably care less about the money than the experience.
