Anyone who has graduated from college in the last five years will be not-shocked-at-all to learn that the bachelor’s degree that you worked so hard for (assuming you define work by drinking a lot and studying a little) and racked up thousands of dollars in debt for is not special at all. That’s right – you are just one of millions upon millions of young 20-somethings with a bachelor’s degree and it will do next to nothing in helping you find a job.
“But wait!” – you cry – “I made a smart decision after finishing my bachelor’s in Televisionary Studies at Elite Liberal Arts College and obtained a Masters in Sitcomery/Tumblr Marketing.” Oh, poor little graduate school-attending fool – that degree is also worthless as well. According to the New York Times (harbinger of bad news for postcollegiates), the job market is now flooded with young people desperately grasping master’s in their hands. To put it into numbers, 2 in every 25 people over the age of 25 have a master’s – the same proportion of people who had bachelor’s degrees in the 1960s. Again, not surprising if you’ve been to a happy hour any time in the last five or six years but depressing numbers all the same.
So, to recap the things you already knew:
1. A bachelor’s degree is meaningless but you still need to drop some serious dough to get one.
2. You probably won’t get a job with that bachelor’s, so you need to either marry rich (fingers crossed!), live at home forever, or get a master’s degree.
3. Even your master’s degree is pretty meaningless but you still need to drop some serious dough to get one.
4. We all sit and weep awhile.
The full article is worth a full read, especially if you want little nuggets like the fact that even MBAs are too broad to help you land a job now or the prediction that in 20 years, janitors will need PhDs. Or, you know, you can just go cry in a corner for a bit.