According to a new study released by the non-profit Center for College Affordability and Productivity, nearly half of working Americans with college degrees are in jobs for which they’re overqualified. The number of Americans whose highest academic degree was a bachelor’s grew 25%, associate’s degrees increased 31%, while the number of Americans for whom the highest level of education attainment was a master’s or doctorate degree grew fastest of all — 45% and 43%, respectively.
There just seems to not be enough jobs that require college degrees (28.6 million) to accommodate the ever growing workforce of college graduates (41.7 million). 15% of taxi drivers in 2010 had bachelor’s degrees vs 1% in 1970 and among retail sales clerks, 25% had a bachelor’s degree in 2010; less than 5% did in 1970. This almost mandates the need for newly graduated job hunters to provide more than just a degree to impress potential employers.
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