1 in 2 new graduates are jobless or underemployed It isn't just the downturn, there are a lack of jobs for people with degrees in the humanities. But that isn't new.
While there’s strong demand in science, education and health fields, arts and humanities flounder.
The thing that irritates me about this is the attitude expressed in the following passage.
Andrew Sum, director of the Center for Labor Market Studies at Northeastern University who analyzed the numbers, said many people with a bachelor’s degree face a double whammy of rising tuition and poor job outcomes. “Simply put, we’re failing kids coming out of college,” he said, emphasizing that when it comes to jobs, a college major can make all the difference
We aren't failing "kids" coming out of college, we are failing them going in.
One of the poor, downtrodden, debt-ridden "kids" (he is 23 and has a degree in Creative Writing) they profile is discouraged at his job prospects. Didn't anyone ever explain the concept of "starving artist" to this kid?
And a "job in creative writing?" That would be called, "Being an author." Write. No one hired Stephen King. No one hired J. K. Rowling. They wrote. They hawked their wares. And because they were good, they made money. One of my favorite authors, Jim Butcher, couldn't get his first short story published. (He published it later when he had a following. I've read it; it should have remained unpublished.) Even his first novel, should have gone a few more times around the write, edit, rinse, repeat cycle. It's OK, but he does get better with practice.
So we are "failing kids" because they select majors they can't market. They take on debt they can't repay. But it is only after the colleges are finished with them that the failing starts. Somehow I think it is the colleges themselves, and maybe a raft of high-school guidance counselors, who are doing the failing. (And parents who are all invested that little Johnny is getting a degree - even if he will be saddled with untenable debt. Maybe they should be more happy if were becoming a
plumber.)

Here is a taste of the statistics they throw around.
More [college grads] also were employed as cashiers, retail clerks and customer representatives than engineers (125,000 versus 80,000).
Not surprising since a very small percentage of college attendees would bother to study anything as difficult as engineering. That requires math. And studying. And learning something - not just cramming the night before the exam. (You know, learning something today, so you can use it next week or next year - can't do that with quick memorization.) And not just math, but calculus. And geometry. And maybe some other hard sciences. (Hard in more ways than one.)
Take a close look at that image - you can get a better view by clicking on it. It is pretty elementary as calculus goes. How many can follow it, let alone understand it? How many can't be bothered? (I have to play Angry Birds!)