Going off to college or, like me, sending your child? Suckers! Why? Because after paying average private college tuition and room and board of $28,500 a year (Harvard is now $54,500), over half of college graduates with bachelor degrees under the age of 25 don’t have jobs or are underemployed. Half! And this despite the 3.8 million job openings in the economy as of June. A whopping 1.5 million recent graduates just aren’t qualified for outstanding jobs—not a ringing endorsement of higher education.
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