The Great Recession has cut earnings and employment rates for recent college graduates, concludes a Brookings Institution study. But college graduates still do significantly better than less-educated workers.
Looking at people aged 23 and 24 and in the workforce, 88 percent of college graduates were employed in 2010; average weekly earnings were $581, including those out of work. That compares to a 79 percent employment for people with “some college,” 64 percent for high school graduates and 43 percent for high school drop-outs.
Iowahawk is less optimistic about the future for college graduates.