STUDENT LOANS - A College Degree is No Guarantee
1. Unemployment of Black College Students - In 2013, 12.4 percent of black college graduates
between the ages of 22 and 27 were unemployed. For all college graduates in the same age
range, the unemployment rate was 5.6 percent.
2. Underemployed Black College Students - In 2013, more than half (55.9 percent) of employed black recent college graduates were “underemployed” –defined as working in an occupation that typically does not require a four-year college degree. Even before the Great Recession, almost half of black recent graduates were underemployed (45.0 percent in 2007).
3. A Solution to the problem
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