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Labor Department this morning -- but the news not so bright for one age group a study out today.
Showing -- roughly half of recent college graduates are not employed full time this mirrors a study that came out about a month ago we have someone who wants to change -- It's a plan to get young people working Scott Gerber is the founder of the young entrepreneur counsel Scott.
Good to see also authored by the way of six young America which -- -- in my -- Okay this study I remember hearing of another when a couple weeks -- half of all call college graduates are either unemployed or underemployed.
So what does that tell you about a college degree in its value.
In this current economic climate.
I think -- saying we need more options you know frankly a college degree in many cases is just as dollars a high school degree from several decades ago.
And so now we need to start thinking about ways we can actually either take education and make it more practical or ultimately have new opportunities that well I cannot.
-- let me put it more simply not I don't know that you don't strike me as somebody who has a kid -- in college I do and I pay sixty -- I'm wondering whether I get my money's worth.
The sixty grand and there's a 5050 chance you won't have a job -- -- graduates that -- I think it whether it's worth that that whole work hard get good grades go to school get a job on trouble is no longer write really valid -- on Monday -- we have three -- maybe college isn't for everybody may be all of parents out there shouldn't have to have to save every penny just for college education absolutely.
Like for example with the young entrepreneur counselor -- America campaign we talk about ways that.
Some people should think about franchise is only -- franchises so you can actually created jobs for yourself rather than going to college or we talk about ways that you could become an entrepreneur or.
Right out of college rather than trying to go into the rat race rather trying to keep sending out -- -- in a job market that frankly is really that's.
Very interest -- because it sounds like it's a continuation of home school it.
I've got friends who do home schooling for their kids and her kids go up the great colleges that sort of home schooling works maybe this is like home entrepreneurship that you -- If you have a franchise in the family or if you have more family businesses as we used to.
That's an education in and of itself.
I think that the only way the economy is truly going to recovers if we start really.
Realizing this new economy is never going to be what.
-- our economy was like my grandparents countries like such.
This is a whole new area where you have globalization automation all these things that have fundamentally change the economy for young people today.
And if we don't do something fast on all levels we're gonna really see a lot of problem we gotta wrap so quickly are you optimistic or pessimistic optimistic but it's time to change and everybody from the government education needs to start getting with that Scott Gerber the book is six young America here it is from the young entrepreneur council thank you very much for coming in thanks rapid.