With a son about to graduate from college with a Bachelors of Arts in Business with a focus on Marketing from Miami University, my wife and I found ourselves talking about the friends we know whose sons or daughters had recently graduated and were looking for jobs, or settling for jobs. I mentioned to her a statistic I ran across a few days ago from the Center for College Affordability and Productivity, that mentioned that 60% of graduates between 1992 and 2008 ended up working at lower skilled jobs than their degree required. http://ht.ly/3ClVz
So we starting counting among our friends the number of our friends’ kids who were struggling to find jobs that matched the skills and training they received for $80 to $150 thousand dollars in tuition. We gave up when we quickly named a dozen nieces, nephews and friends of our kids.
I encourage you to take a moment and do the math too!
If you’ve been around me, you’ve heard me mention continuously that career centers on campus are tremendously underfunded. The career professionals who manage the career centers are a forgotten lot on campus. Not only are the demands on their time high, but they are not provided the resources to adequately prepare students and as a result, on a nationwide basis, only 30% of the students who receive their diplomas on graduation day have visited a career center.
Worse, there is plenty of research that shows the average state university will spend as much as $1,000 to recruit a student while the average private college will spend $3,000. If the average college career center budget is $84,000 (see NACE report) and the average college graduates 400 students, then the average spent to help students get a job is only $210.
Let me know if my math is off!
At a time when there is hot discussion in congress of requiring the “for profit” colleges to provide “gainful employment” to their graduates, the “nonprofit” colleges need to take heed and start ramping up the career education, internships, and career search skills for graduates or they will find themselves facing strong parental and congressional contempt.
It was during our discussion that my wife said, “You know, WE are required to sign things for the college to guarantee payment, why shouldn’t the college sign something to guarantee our kids will have adequate career education and do more to help them get jobs?”
That sounded so good to me that we decided to create a petition that we could share with college Presidents that would suggest they provide more resources to their career centers. Want to help us get more resources provided to college career centers?
Spread the word and help us get signatures!