Man, with all of the gloom on the news lately and this constant reference back to the 90’s when these various market indicators were at the current levels, I started thinking about the kids who will be graduating from college this spring. What will their job prospects be? With their student loans beginning repayment, how are they going to do?
I decided to look back 11 years and see what the 1998 college graduating class faced. Internet commerce was beginning to take off, Y2K was 18 months away & President Clinton was facing impeachment. Those were crazy and uncertain times too.
Take a moment and read this article from 1998. Those graduates are now 32 & 33 years old and have been working in some pretty good times. What advice would they give to this year’s graduating class?
http://articles.latimes.com/1998/aug/20/news/mn-14945
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I am graduating in May from the Stern School of Business of NYU and read today that 50% of this year's graduates will be moving back home... It is pretty discouraging, but I am finding that amidst the limited job prospects, I am considering career options I may never have thought of pursuing if the economy was flourishing. I have started a website with some of my classmates (SponsorU.net), applied to teach English in Japan for a year, and am even getting licensed to sell Health, Life and Accident insurance (a last resort).
ReplyDeleteIt has definitely proven to be an interesting year and I am looking forward to exploring these various opportunities. I think there may be hope after all....