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In her latest book, family college consultant Bonnie Kerrigan Snyder dissects the outdated wisdom of American higher education.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Outdated thinking: A college degree ensures financial security.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

Florida man charged with murdering son to play…

A Florida man annoyed that his 16-month-old crying son was preventing him from playing video games suffocated the toddler, police said on Friday.

International

Powerful 7.2 magnitude earthquake rattles Mexico

A powerful earthquake struck Mexico Friday, shaking buildings and sending people running into the street, although there were no reports of major damage.

News

OMG! Exercise can make skin (and butt) look…

A moderate exercise regime can turn back time and actually reverse the skin's aging process, according to new research. The study showed that a minimum…

International

Jews in eastern Ukraine ordered to register, Kerry…

Secretary of State John Kerry condemned reports that Jews in eastern Ukraine had been ordered to register with the authorities "or suffer the consequences."

Entertainment

Whoopi Goldberg makes her debut as marijuana columnist

"It helps my head stop hurting, and with glaucoma your eyes ache, and she takes the ache out. It's wonderful," she said.

The Word

Kate Middleton made fun of Prince William's bald…

Kate Middleton and Prince William are in Sydney, Australia, right now, and it sounds like that brash Aussie sense of humor might be rubbing off.

The Word

Is Tom Cruise dating Laura Prepon?

"Mission: Impossible" star Cruise is said to be dating Laura Prepon, star of "Orange is the New Black."

Television

'Scandal' recap: Season 3, Episode 18, 'The Price…

Sally is Jesus, Olivia caused global warming, and Mellie's still drunk. Let's recap the Scandal finale. A church full of Washington insiders is about to…

NBA

Carmelo Anthony agonizing over Knicks future as season…

There’s still the cloud hanging over the franchise’s head as to the pending free-agent status of All-Star forward Carmelo Anthony.

NFL

Jets host players with eye toward NFL Draft

The Jets hosted a number of NFL Draft hopefuls for workouts on Thursday, with an eye toward some under-the-radar players.

NFL

Chris Johnson: I wanted to go to 'a…

Now that Chris Johnson is a Jet, the team has to figure out if one of the most explosive players in the NFL over the last half decade has anything…

NHL

Rangers' speed versus Flyers' size makes interesting playoff…

Among the myriad aspects that will make this Metropolitan Division semifinal series fascinating will be the battle between the Rangers' speed and the Flyers' size,…

Tech

VIDEO: 'Vein-scanning' may become the future of paying

Designed to make transactions quicker and easier, the technology works by scanning the unique vein patterns in each person's palm.

Tech

#FollowFriday: 10 of the smartest Twitter accounts

Spending lots of time on Twitter? You might as well learn something. Here are some of the smartest accounts to follow.

Style

Light-up nail art syncs with phone

This Japanese technology syncs light-up nail art with your phone.

Wellbeing

Why is dance cardio taking off in NYC?

Instructors at some of the city's hottest classes explain why.