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South, Florida, United States
I'm a sportscaster on the FGCU Sports Report, Director of Media Relations for Florida Jr. Blades hockey and senior at Florida Gulf Coast University. Feel free to email me at caitykauffman@gmail.com

Tuesday, May 19, 2009

The best place to be during a recession? College.


The 2009 recession is the guy to blame these days.

Can't find a job? Damn recession! Credit card interest rate sky rocketing? Damn recession! House losing its value? Damn recession! Retail store/restaurant business slow? Damn recession!

I've had my share of beating the recession horse, but of every demographic in the United States -I'm pretty happy to fall into the "college student" category.

Keep this in mind: less than 5% of college graduates are unemployed. High school graduates make up 10% of those without work, while those who did not graduate high school make have over a 15% chance of being unemployed. (source: Time Magazine.)

Being a college kid without a steady job, my dad supports me fully. Rent, utilities, car payment, insurance, gas, 3 a.m. Taco Bell trips, Red Sox tickets, bar tabs (just kidding, dad!).

He paid for the large mocha (no whip) I'm drinking, the Macbook I'm typing on and the BlackBerry vibrating in my purse. I'm lucky because he works in the one and only recession-proof job in this country - the U.S. Government.

If the job market turns up empty post-graduation, the options are much more flexible for the under-25 recent graduate.

First being grad school; furthering your education never hurts, and then its buffer for a few extra years to wait out the recession. Second, many will also have access to government loans - at least enough cash to get a few extra packages of Ramen noodles in the pantry. Finally, there is the always available entry-level or minimum-wage paying job. For the typical single, childless college grad, the pressure to bring in the financial income is less. As long as there is peanut butter, jelly and beer in the fridge, things aren't too shabby.

For now, I'm not going to over think it. As much as I would love a job at the New York Times to brag about at my 5-year high school reunion (or a famous boyfriend, a.k.a. John Mayer), a lot could change before my graduation in 2011.

Until then, thanks dad!

2 comments:

Kèra Holzinger said...

I totally agree. Although I pay for most of my things, rent, gas, food, etc., I am thankful for being in college. College not only gives me a degree which makes me more applicable in the future, but it keeps me in this safe bubble from the real world for a little while. :)

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