[quote name='Spokker']
There are no guarantees that you will get a job out of college. A major determinant of this is choice of major.
http://cew.georgetown.edu/whatsitworth/
If you and I are competing for the same job, all other things being equal, I will get the job if you don't have an internship under your belt.[/QUOTE]
But as we all know, "all other things being equal" never happens. There are always other factors: proximity, relationships, access, etc. that unbalance that equations. That being said, I advocate internships, especially the paid kind (I had nearly a calendar's worth of practical experience due to internships/co-op)
[quote name='Msut77']There are plenty of people out there who would normally be working who aren't. We are talking basically every sector of the economy.
Since when?
1) Most people are 17/18 when they start.
2) Obviously most people did not realize they would be graduating into a shitty economy.
Engineers didn't always make a lot of money. There is no guarantee they will in the future.[/QUOTE]
That's a pretty bold statement about Engineers. I'd like to see any type of source that states that engineering didnt command higher pay than many other vocations. To be an engineer takes a certain talent and disposition intersection that's relatively uncommon and that scarcity leads to higher pay. I'd stake that at least since the dawn of the Nuclear Age that engineers have been making relatively 'a lot of money'.
[quote name='Msut77']I don't remember it.
I don't recall my brother doing anything like that either.[/QUOTE]
[quote name='mykevermin']I had zero counseling w/r/t student loans, fwiw.[/QUOTE]
[quote name='RedvsBlue']
Student loan "counseling" consists of a few web pages of information and an idiot-proof quiz at the end. Attributing that, in any way, to more responsible borrowing is a joke.
Myke, you probably did the counseling but it was so inconsequential to the entire process that you completely forgot it.[/QUOTE]
I'm pretty sure if you had a Direct Loan the 'counseling' (Illinois called it an 'Exit Interview' back in 1999) was required. They put a hold on issuing my diploma until I completed the interview. I dont remember much of it other than that it said 'You know you have to pay this money back right? RIGHT?!?'
[quote name='dmaul1114']
It's a tough situation as you have basically 18-20 year olds (by the time they decide on a major) making a big decision that will impact their future career by picking a major.
(snip)
-Colleges required provide better and more easily accessible info about the unemployment rates of recent graduates of each major, average starting salaries, salary at 5 years, 10 years etc. of graduates of each major. [/QUOTE]
I'm sorry, but today's college graduates cannot claim ignorance of the average pay of their chosen major. At least, they cannot claim that the ignorance is the fault of someone else. In the 80's, maybe even early 90's, you might could make an argument. But now we have the internet. The information is out there if you simply choose to seek it. You might be able to argue that someone might not have access to the internet *before* they entered college (dubious), but I dont know of a college that doesnt offer internet access to their students. Maybe before they commit to another 10K+ for each additional year in school, they might just check the
average starting an mid-career salaries of an Art History grad and see if they wouldnt be better served going a different route.
[quote name='Spokker']
On an unrelated note, there is an oil boom in North Dakota for those who looking for work. Would the Occupy protesters who are looking for work but can't find any get on a chartered bus and go there? You know, the Okies at least migrated to California. These assholes just sit in a park and bang on drums.[/QUOTE]
Now this is an interesting point. I heard some talking head mention that some (debatable) portion of the unemployment is due to skills mismatch. That is to say, there are some job openings that remain unfilled simply because either A) there arent enough people with the specialized skills needed available to work (see the country's nursing shortage) or B) there are people with the skills, but they are not in the area where the job is and are unwilling/unable to relocate.
I know some people are for example, not able to relocate cause they cant sell their house. But I wonder how many people are willing to uproot themselves (their family) and go work in a far off place to match his/herself to a job they are qualified for. Leaving your home is probably not easy for most people.