The statistics ring scarily true for anyone who is, or is the parent of, a college senior or recent graduate. According to the NY Times, “Employers estimated that their hiring of recent graduates declined 21.6 percent in 2009, and that it would drop another 7 percent this year. Just under 20 percent of graduating seniors looking for jobs were lucky enough to land one.”
That being the case, it’s not surprising that the Times should report on a former Wall Street recruiter in New York City who is now charging $400 an hour to help grads find a job. (Hearteningly, she has been able to drum up only two clients so far.) This calls to mind the various programs that charge grads and current students big bucks to help them find unpaid internships.
Wait (I can hear parents thinking): I just spent $200K to put a child through college, and now I’m expected to put out another big chunk of change for job placement? Truly and verily, a big bowl of wrong.