They’re not doing as well as young college graduates of the early 2000s.
Many college graduates in the class of 2019 are facing job prospects their older brothers and sisters could only dream of.
That strong economic footing could help set the Class of 2019 up for a much better financial future for the rest of their lives. Research indicates that the economy someone graduates into has major implications for their economic trajectory. But the picture isn’t all rosy, according to Elise Gould, a senior economist at the EPI and a co-author of the report. The 49-year record-low unemployment does not extend to college graduates.
“There’s so many opportunities, but yet there’s not,” he said. “It’s kind of an ever changing flow that I haven’t caught up with yet, so I’m just taking what’s in front of me right now.” That’s likely to be a job at a car dealership, Brodnick said. Brodnick said he’s anxious about how he’ll manage his roughly $15,000 in student debt. “Being a car salesman you have to go and make that money,” he said. “It’s not solid, if I get to a point where I’m not making that money I’m really in trouble.”
But the challenge of affording college has complicated her job search. The struggle to just get by while in school precedent over any preparation for finding a full-time job after graduation. Harrison worked in an office on campus, waitressed and nannied in addition to her full-time course schedule while in school.
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