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FBN’s Gerri Willis on a new study that found 54% of those under 25 with bachelor of arts degrees are either unemployed or working in jobs that do no...
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-- and the class of 2012.
Was probably owns every single apple product in the current crude awakening a new study shows one into contracts is unemployed or underemployed.
Our very -- Gerri Willis has the gory details the doesn't bode well for a mom like me -- about -- for college terrible to have 54% of college -- uptight about.
Bachelor of Arts degrees here I you're under 25 you have no job or you have a job that you could have gotten without the degree.
Not good news of course the presence solution to this problem is that.
Hey we're gonna cut rates on those college loans are expected to tick higher July 1 eight point it's not that he wants to take it back down to 3.2 percent.
But I got to tell you guys this does not solve the problem -- right because you have university's Jack in the tuition -- hand over fist.
Between sushi bars and the notion that these kids can get loans with -- as -- security number.
It's gonna keep going up -- here's what we say we know that college that costs are going up 8% a year that's that history over the last twenty years.
Saudi students graduate with 25000 dollars worth the debt 34000 brutal if you include mom and -- debt so you put off marriage he's you put -- buying a house you put off having kids because you can't afford it.
So what do we need to do we need to get colleges to stop raising their price tag.
Because as I was telling you in the break what you're getting for this money ain't what it used to be either fully a quarter of employers say.
That the kids coming to them.
I do not have the writing and reading skills that they need.
To do the job massive load hanging around the -- -- they did not get a proper education -- insane another fact that I found fascinating half the student showed no significant -- in critical thinking Iraq.
And skills after two years in college so what are they gonna get that -- then the question is what's the university teaching and what are they taking.
Well I'm getting the bang for my -- why would I send my kid.
When you subsidize mediocrity you get more mediocrity and the federal government's involvement in this in such a big way.
Insurers that what our kids are getting is not what we want but here -- is my question do you have to have that degree to even stand a chance of getting a job.
You have to have -- and you have to pay triple what you did twenty years ago to get.
You have to have -- but you're saying it's useless.
You have it says it's the price of admission for for -- for many Josh is there evil in life you're gonna compete its value is to minutes of this is why you're going to me turn to.
Those are the big degrees we had a list this week -- top five.
Accounting finance what else there engineering engineering -- -- yeah I was an engineer and so my schedule said soils and then I could not studied the but -- so I left the celebrate.
Are you busy -- tonight will support 5 PM and 8 PM eastern right here it's nothing.
