News You Can Use: Forever Indebted — Rising Debt Makes Finding the Right Gig Vital For Grads


This past weekend, Meryl spoke to 175 seniors graduating from Ithaca College’s Park School of Communications, where she also earned her degree. She, like so many graduates, feels  connected — even indebted — to her alma mater for the experience and access that it provided.

Interestingly, this year’s graduating class is indebted in a completely different (and quite disconcerting) way. The Wall Street Journal reports that, thanks to rising costs of education, those graduating from America’s colleges and universities this spring share a dubious distinction: the most in debt ever. And, according to a recent poll, a staggering 85 percent of graduates will move back in with Mom and Dad to try to stave off financial ruin while seeking a job to pay off the monies owed.
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