Surviving a post-grad unemployment slump

CAR_Unemployed_graduate_5c_19

Bonnie Kerrigan Snyder graduated from Harvard in 1987 and was soon thrown into a sinking economy — and a job market not terribly interested in English majors. Today Snyder is a family college consultant, and she sees her clients struggling with the same obstacles she ran into post graduation — only much, much worse.
Her latest book, “The Unemployed College Graduate’s Survival Guide: How to Get Your Life Together, Deal with Debt, and Find a Job After College,” mines some of the wisdom she picked up in the ’80s and appropriates it for an even bleaker job market.
“I wanted to create a survival guide that took this job crisis seriously. This isn’t advice you’d give to just any generation. This generation is unique in history, and the same rules just don’t apply,” says Snyder, from her home in Lancaster, Pa. “They’re really caught in a double whammy. There’s obviously a recession, but there’s also a demographic crunch going on: There’s just more older people now, and they’re holding onto their jobs much longer.”
Kerrigan’s guide begins with a strong dose of emotional reassurance for post-grads feeling let down by their job status and judged by their parents.
“In my experience, the kids are more aware of the realities than the parents are. Parents are having a hard time adjusting their expectations,” says Snyder. “There is a way Americans have approached college for generations: Choose a school first, discover what you’re interested in while you’re in school and start thinking about a job in your senior year. The stakes are so much higher for these kids, and we need to start thinking about the payoff of this investment a lot sooner.”

The new realities
In her latest book, family college consultant Bonnie Kerrigan Snyder dissects the outdated wisdom of American higher education. Here is just one example:

Outdated thinking: A college degree ensures financial security.
The new reality: College can be a risky financial investment, and that risk needs to be hedged. A family only has so much money to help launch a child into the workforce. Diverting some of those resources toward a home or starting a business is a better strategy.


News
Entertainment
Sports
Lifestyle
National

Train selfie star who got kicked in the…

  A 22-year-old Canadian man who posted a video of himself getting kicked in the head by a train conductor is set to cash in…

National

Call of Duty hoaxer blamed for $100K SWAT…

A heavilly-armed SWAT team and an army of police officers stormed a Long Island home fearing a grisly double homicide – only to find it…

National

Minnie Driver tweets naked celebrity snap to 'shut…

Actress Minnie Driver has responded to bitchy critics who sniped about her bikini body by Tweeting a naked picture of herself. The 44-year-old star of…

National

American middle classes no longer world's richest (guess…

America's middle classes are no longer the richest in the world – having been overtaken in the wealth stakes by their Canadian counterparts. For almost…

The Word

Lupita Nyong'o is People's Most Beautiful

Congratulations to Lupita Nyong'o, officially the most beautiful human on the face of planet Earth (2014 season).

Television

John Turturro tags in for Robert De Niro…

The cast of the courtroom drama miniseries has undergone yet another shift. Following Robert De Niro's exit, the cable network has brought in John Turturro…

Television

TV watch list, Tuesday, April 22: 'Glee,' 'Agents…

'Glee' Rachel makes her Broadway debut in "Funny Girl." Remember when she was just a high school drama nerd? FOX, 8PM 'Marvel's Agents of S.H.I.E.L.D.'…

The Word

Lindsay Lohan's big, drunk interview

Lindsay Lohan appears to be completely off the wagon now, if Kode magazine's chronicle of her trip to Coachella is any indication. According to the…

NBA

Nets settle for 1-1 series tie with Game…

DeMar DeRozan, who was an All-Star this season, hit two huge jumpers back-to-back to give the Raptors an 89-85 lead over the Nets with 2:10 to play.

NHL

Rangers reclaim home ice with Game 3 road…

The Rangers jumped out to a 2-0 lead early in the first period for the second straight game. This time, they held on.

MLB

MLB Power Rankings: Brewers best in baseball, Dodgers,…

MLB Power Rankings: Brewers best in baseball, Dodgers, Cardinals, Yankees surge. The A's, Braves, Rangers, Giants and Rockies are also in the top 10.

NBA

Jason Kidd reacts to Mike Woodson being fired…

Jason Kidd played for Mike Woodson last year and Joe Johnson spent four seasons being the main focus on offense for Woodson in Atlanta.

Wellbeing

Why you need a facial

What can a facial do for your face that a washcloth and soap can’t?

Wellbeing

How to burn off all that Easter candy

Sorry to be a buzzkill, but you can't eat chocolate eggs and Jelly Bellys forever.

Food

Powdered alcohol: 5 things to know about 'Palcohol'

What's the deal with powdered alcohol? Here's what you need to know about Palcohol.

Travel

Travel hacks: 6 tips on living out of…

Lynne Martin shares her travel hacks on living out of just two suitcases.