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Debt and No Job Prospects: The Onion Satirizes the College Grad Experience

A 2007 University of Miami alumnus still loves the school that left him unprepared for the job market and in debt.

Leave it to the Onion to expertly satirize the modern college graduate experience: boatloads of debt and no solid job prospects. In this "Special Update" we meet 27-year-old Mark Felder, a 2007 University of Miami alumnus with a bachelor’s degree in communications and a "strong affection for the academic institution that left him totally unprepared for the job market and floundering in $50,000 in debt."

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New Startup Supplies the Cash College Grads Need to Follow Their Dreams

Upstart wants to take away the excuses for not doing what you want to do 'someday'.


Too many recent college grads end up taking jobs they need just so they can earn a salary to keep a roof over their heads and pay their student loans. Often those grads wake up a decade later, depressed and wondering what happened to the dreams they had of doing something that taps into their passions and makes a difference. Could going to work doing something you don't really believe in become a thing of the past? Upstart, provides new grads with the financial backing they need from angel investors to really do what they want.

"This is not necessarily tied to students starting companies," founder and former Google executive Dave Girouad told the Boston Globe. Instead, says Girouad, Upstart is "for non-traditional careers, people carving their own paths. That might mean their own company, but it could be an artist or creative type of person."

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More Americans Are Disillusioned With the College Degree

The number of adults who say college is a good investment is way down—just in the last four years.

Blame the Great Recession. According to a new survey commissioned by the Country Financial Security Index, Americans are increasingly disillusioned with the value of a college degree. The number of adults who say that college is a good investment has declined from 81 percent in 2008 to just 57 percent today.

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Unemployed College Grads Are Turning to the Army

No more waiting out the tough economy in graduate school. The military's seeing a spike in the number of diploma-holding enlistees.


With the unemployment rate hovering near the 10 percent mark—and hiring freezes and layoffs still the norm—an increasing number of college grads are turning to the one employer who's always hiring, even in tough economic times: Uncle Sam. The number of bachelor's degree holders enlisting in a branch of the United States Armed Services is on the rise.

Over the past two years, the Army's seen the biggest spike in diploma-holding enlistees. In 2010, almost 6,000 college graduates signed up for duty, 2,000 more than in 2008 when the economy still seemed healthy. The Navy saw 1,425 college graduates enlist, up from 1,000 in 2008 and the Air Force bumped its college graduate enlistment up to 900 from 2008's total of 553.

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Education: Morning Roundup, Student Opens Fire at University of Texas

Gunman on University of Texas at Austin; women entering men-dominated fields; and a program that aims to boost quantity of minority college grads.

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