Congrats, Class of 2011: You're Hired!

Congrats, Class of 2011: You're Hired!
by Kathleen Deveny

The sad fact is that many of these graduates will be replacing much more experienced workers who have recently been let go. It does not have to be that way, if longevity were compensated with stock rather than higher salary and compensation for family size was direct in a larger refundable tax credit - rather than through ever increasing salaries through the working career.

Sadly, many of these grad have huge educational debt. It would have been better if they had been hired before junior year, with tuition and living expenses paid by the employer for that period - with government aid paying for the first two years. I bet the smartest kids would have taken and gotten that deal.