Earning Money

Ever since the recession has started deepening, I’ve often wondered where many college kids will go work. Some of the largest employers of recent college graduates were Wall Street firms, whether they be investment banks or hedge funds. Now that those jobs are all but gone, studnets are looking elsewhere for work.

Many are just giving up on finding work in the near future and opt for graduate school. Often, this just makes themselves feel like they are still accomplishing something, even if all they really are accomplishing is spending their parents money or driving themselves into debt.

Some of the largest firms that were hiring college kids were what got us into this mess. The credit bubble created a bunch of jobs for awhile for college kids. It was the credit bubble that got us into this mess; the question is if the industry that starts employing a lot of college kids turns out to be the one that gets us out of this mess.

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