System failure: homeless and unemployed college grads - Tina Landis, Liberation

The reality has become even more pronounced in the current economic recession as the cost of living continues to rise while the majority of new jobs created are low-wage service-sector jobs. Those most impacted are college-age adults. A recent New York Times article states that “tens of thousands of underemployed and jobless young people, many with college credits or work histories, are struggling to house themselves in the wake of the recession, which has left workers between the ages of 18 and 24 with the highest unemployment rate of all adults.” More than half of recent college grads are either unemployed or severely underemployed—around 1.5 million—in addition to facing lifelong student debt, which has surpassed credit card debt at $1 trillion nationally. This crisis of an entire generation has repercussions not only on their lives today but also on their economic stability in the future and that of the next generation as well. http://www.pslweb.org/liberationnews/news/system-failure-homeless-and.html