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In 2008, the unemployment rate of graduates was more than 30%. [32] In this year the unemployment rate of graduates from top universities was 10%. [33] In 2009, the employment rate of graduates who had bachelor's degree was in the 88% range. [34] In 2010, the employment rate of college graduates rose 3.2% in 2009 reaching 91.2%. [35]
A college degree's declining value is even more pronounced for younger Americans. According to data collected by the College Board, for those in the 25–34 age range, the differential between college graduate and high school graduate earnings fell 11% for men, to $18,303 from $20,623. The decline for women was an extraordinary 19.7%, to ...
For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma. Unemployment rates roughly doubled for all three groups during the 2008–2009 period, before steadily falling back to approximately their ...
College graduates are starting to feel the effects of the economic downturn, after being largely immune to rising unemployment. The jobless rates for Americans who had at least a bachelor's degree ...
The National Center for Education Statistics reports that in 2009 high school graduates from low-income families enrolled in college immediately at a rate of 55%. In comparison, 84% of high school graduates from high-income families enrolled immediately into college.
In this era of high unemployment, many parents and students wonder which college degrees pay off -- and which don't. A recent study by Georgetown University Center on Education looked at earnings ...
The unemployment rate in August hit its highest level since February 2022, data from the Bureau of Labor Statistics showed Friday. But a jump in the unemployment rate to 3.8% from 3.5% might not ...
The 2010 unemployment rate for high school graduates was 10.8%; the rate for college graduates was 4.9%. [70] The country has a reading literacy rate of 99% of the population over age 15, [71] while ranking below average in science and mathematics understanding compared to other developed countries. [72]