The cost of getting a higher education in the United States has increased by 29% in just the past five years, and, despite the rhetoric from Corporate America and universities, many jobs taken by college graduates do not require a college degree!

First off, approximately two thirds of all college students graduate with student loans. For the first time in U.S. history the total amount of student loan debt now exceeds the total amount of credit card debt!

Secondly, at least one third of college graduates are working jobs that don’t need a college degree: There are more than 100,000 janitors that have college degrees.  317,000 waiters and waitresses have college degrees.  Approximately 365,000 cashiers have college degrees.  24.5% of all retail salespersons have a college degree.

Next time a college recruiter pesters you, or your kids, ask them to guarantee, in writing, that they’ll get a job relating to their degree, and that it’ll pay enough to justify the student loan debt!