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  2. Average student loan debt is now more than $25,000 - 34 Depressing Facts About The Job Market For College Grads

    1. 1 out of 2 college grads — about 1.5 million, or about 53.6 percent, of all bachelor’s degree holders age 25 or younger — were unemployed or underemployed in 2011

    5. Only 18 percent of American teens say they’ll be financially independent when they turn 20 — compared to 44 percent in 2011.

    14.  24 percent of young Americans aged 18 to 34 said they took an unpaid job for work experience.


    21. Credit card debt has risen 81 percent among young Americans aged 25-34 since 1989.

    22. The student loan default rate rose 31 percent over just two years.

    28. Although 92 percent of young Americans aged 21-24 said they felt entrepreneurship education was vital given the realities of the new economy and job market, more than half (56 percent) were never offered entrepreneurship classes at all.*

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    (Source: wilkinsky.us)