Those who graduated from college in 2008 often say it wasn’t the best time to be entering the working world. As graduates were searching for those first jobs, the economy was shedding them and the world was plunging into recession. If those prospects weren’t dire enough, many of those graduates were also carrying debt from student loans.
Those millennials, however unlucky, fared better than their non-college-educated counterparts, though.
A new longitudinal study from the National Center for Education Statistics -- the primary collector of student data on the federal level -- found these results by taking a sample of students who were high school sophomores in the 2001-02 academic year and tracking them through 2012. The nationally representative sample was measured for a variety of factors -- co-habiting, marriage, unemployment, underemployment, student debt carried -- but the economic breakdown in those categories between those who attained completed a postsecondary degree and those who didn’t is especially telling.
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2017/06/30/study-college-buffer-against-great-recession-not-cure-all