“I Can’t Find a Job After College”, Some Colleges Are Being Sued

by Easter on February 24, 2012

Countless students graduated from college and have moved back home with their parents because they have student loans to pay and can’t find a job. I have been coaching Ben, who is in such a predicament. He worked a part time job while in school, took out student loans and graduated from college. He was fortunate that his part time job turned into a full time job, even though it paid less than $20,000 per year. At least he has benefits.

Like so many college grads, Ben decided to return to school since the job market has been so soft. He is about to graduate with his MBA and now has over $100,000 in student loans. He asked me with a mixture of worry and fear, “What am I going to do, if I can’t find a job after I finish grad school?”  Part of the answer is to use all your networking skills and tools, stay positive and keep looking for a job.

Some college grads have taken a different course of action and are filing law suits against their colleges claiming exaggerated numbers regarding employment after graduation. It’s a sign of the times of frustration of unemployment after going to school for higher education.  It  also serves as a forecast for many future defaults on student loans.

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