Category Archives: higher education

Underemployed Graduates Should Look to Fraternity Network

According to an AP study released this week, 53% of young college graduates are out of work or underemployed. The alarming figures have created quite a buzz in just about every major news outlet, not to mention all manner of higher education and economics blogs.

(Apparently the iconic Starbucks barista is the preferred symbol of the underemployed young college graduate.)

The report ties in closely with a story we ran in the winter 2012 issue of The Delta detailing the possibility of a higher education bubble. In the process of examining the bevy of contributing factors, we pondered the possible silver lining for fraternities, namely, that Greek organizations can serve to connect job seekers and employers in a tough economic climate.

So we’re curious to know: Are you among the 53% of young graduates struggling to find full employment? Have you ever found a job through a Sigma Nu connection? Did the outlook of finding a job influence your chosen field of study? Share your experience in the comments section and we’ll compile and share them in a later post.

 

Watching the Higher Education Bubble

The law school bubble has popped, says The Atlantic.

Meanwhile, WSJ offers a well-timed update on the state of student-loan debt:

Total student debt outstanding appears to have surpassed $1 trillion late last year, said officials at the Consumer Financial Protection Bureau, a federal agency created in the wake of the financial crisis. That would be roughly 16% higher than an estimate earlier this year by the Federal Reserve Bank of New York.

Are these indicators of a larger higher education bubble? We may soon find out.

Read our feature story from the winter 2012 issue to learn more about how a higher ed bubble could affect fraternities and sororities. Here’s a snippet:

If there is a higher education bubble, and if it bursts, tapping a network of support will be even more important as a growing number of applicants seek a relatively fewer number of jobs. The social skills absorbed from fraternity membership, combined with the applied career and life skills learned from the LEAD program, will give an edge to the members who took full advantage.