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Hey Grads! Welcome to Reality!

As college kids across America line up to get their diplomas, the New York Times has a splash of cold water for the men folk among 'em:

[E]conomic reality is lurking everywhere, and new college graduates are vulnerable to ambush. They have been told repeatedly that a college degree is an open sesame to the global economy. But that’s not necessarily so, according to new research by two economists at the Massachusetts Institute of Technology, Frank Levy and Peter Temin...

A college degree does not ensure a bigger share of the economic pie for many graduates. In recent decades, Mr. Levy and Mr. Temin show, only college-educated women have seen their compensation grow in line with economywide gains in productivity. The earnings of male college graduates have failed to keep pace with productivity gains.

Comments (2)

Comments posted to CtW Connect are the sole property of the individual posting them, and do not necessarily reflect the viewpoints of Change to Win, its affiliated unions, or its leadership.

Terry Post said on June 11, 2007 at 7:11 PM:

The photo for your blog posting is inappropriate, to say the least. That was taken in 1940 as Parisians watched the Nazi's march into town. Has nothing to do with college grads getting a bigger piece of the American pie.

Terry,

thanks for your comment. Upon reviewing the item I agree with you, so I've removed the photo in question.

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