It’s a great time to graduate

Good news for the Class of 2012 is never-ending. Here’s what we have to look forward to: unemployment, underemployment, and low wages.

Youth unemployment has held steady at over 15 percent for the past six months, which means it’s going to be difficult to find a job once we graduate. Only 24 percent of college grads that have applied for jobs have one to go to following graduation.

As if that wasn’t bad enough, The Oakland Press reports that grads today are making less than they were in 2000.

We’ve all heard that college doesn’t guarantee a job like it did when our parents went to college, and it appears that’s playing out. The cost of a college degree may not be worth it. At least not right away.

All these statistics make soon-to-be grads think twice about becoming super-seniors. Why not waste a few thousand dollars for another year in the pseudo-world of college in order to avoid the real world of unemployment?