Education: Graduates and Jobs: A Grave New World

REMEMBER the college graduate of 1968? Standing there on commencement day with diploma in one hand and a bundle of job offers in the other? Seniors that June scarcely had to look for work. Their main problem seemed to be deciding which corporation offered the best opportunities, or which fellowship led to the most promising future.

Not any more. The recession may be just about over in the marketplace, but its effects linger on the nation's campuses. The largest graduating class in history—an educated army of 816,000—is entering America's certified credential society and learning to its sorrow that a degree...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!