PSU news by
Penn State's student blog



Doom and Gloom for Grads

Sorry seniors. You’re graduating at possibly the worst time in the past half-century. Maybe you can find solace in the fact that you won’t be drafted like your grandfathers might have been, but it is going to be extraordinarily hard for you to find jobs.

UCLA’s Anderson School of Management has issued a report saying that the nation could very likely lose 2 million jobs in 2009 and other analysts have made the claim that there are no recession proof industries.

Your first instinct might be to weather the storm while studying at graduate school. Indeed, history has shown us that applications increase at graduate schools during recessions.

But that might not be a good move, says the Boston Globe’s career columnist Penelope Trunk.

cartoonHer reasons are:
“Grad school pointlessly delays adulthood”
“PhD programs are pyramid schemes”
“Business school is not going to help 90% of the people who go”
“Law school is a factory for depressives”
“The medical school model assumes that health care spending is not a mess”
“Going to grad school is like going into the military”
“Most jobs are better than they seem: You can learn from any job”
“Graduate school forces you to over invest: It’s too high risk”

Her arguments are fairly strong, and her view is backed up by a Chronicle of Higher Education column that vigorousy dissuades students from pursuing graduate degrees specifically in the Liberal Arts.

So, what should you do? Internships have been popular, but of course the majority of them are unpaid. In truth, we really have no idea what you should do. Sorry.

Your ad blocker is on.

Please choose an option below.

Sign up for our e-mail newsletter:
Support quality journalism:
Purchase a Subscription!

About the Author


Creator of @OnwardState. Big fan of sweaters.


Other posts by Davis

Penn State and the Process of Life

To paraphrase Mark Twain: The reports of higher education’s death have been an exaggeration. American universities produce more research and relevant knowledge for the world at large than any other institutions I know of. Tuition may be too damn high, but over the long-run, undergraduate degrees are definitely worth the cost. But Penn State could be so much more. It used to be, I think.

Bonded in Blue, White, and Worry

43 Simmons

Trustees Committee Approves Sandy Barbour Contract Through 2023

Sandy Barbour will make an average of $1,269,000 per year as part of the new deal, which runs through August 2023.

Your THON 2019 Master Playlist

With more than 500 songs and a run-time of more than 30 hours, this playlist will make it seem like THON never ended.

Send this to a friend