Today, President Obama Will Deliver The Commencement Address At Barnard College In New York:
Today, President Obama Will Deliver The Commencement Address At Barnard College. “Obama
will find himself on the other side of graduation exercises when he
delivers a commencement address at Barnard College in New York on
Monday.” (Gregory Wallace, “Rep. Noem Remembers Her College Graduation -
Last Year,” CNN, 5/12/12)
When Barnard College’s Class Of 2012 Graduates, Their Share Of The National Debt Will Be More Than $50,000:
Each Member Of Barnard’s Class Of 2012 Owes $50,062.14 For Their Portion Of The National Debt. (Department Of The Treasury, www.treasurydirect.gov, Accessed 5/13/12; Census Bureau, www.census.gov, Accessed 5/13/12)
The National Debt Has Increased By More Than $6 Trillion Since Barnard College’s Class Of 2012 First Entered College. (Department Of The Treasury, www.treasurydirect.gov, Accessed 5/13/12)
- Each Barnard Graduate’s Share Of The National Debt Has Increased By $18,353.23 Since They Entered College. (Department Of The Treasury, www.treasurydirect.gov, Accessed 5/13/12; Census Bureau, www.census.gov, Accessed 5/13/12)
The National Debt Has Increased By More Than $5 Trillion Since President Obama Took Office. (Department Of The Treasury, www.treasurydirect.gov, Accessed 5/13/12)
- Each Barnard Graduate’s Share Of The National Debt Has Increased By $15,310.41 Since President Obama Took Office. (Department Of The Treasury, www.treasurydirect.gov, Accessed 5/13/12; Census Bureau, www.census.gov, Accessed 5/13/12)
And Barnard College Graduates Will Face An Economy Where More Than Half Of All Recent Graduates Are Struggling For Work:
“Young Americans Graduating From
High School And College Over The Last Several Years Have Been
Confronting One Of The Worst Job Markets In Decades.” (Josh Sanburn, "Fewest Young Adults In 60 Years Have Jobs," Time, 2/9/12)
More Than Half Of All Recent
College Graduates Under The Age Of 25 Were “Jobless Or Underemployed,
The Highest Share In At Least 11 Years.” “About 1.5 million, or
53.6 percent, of bachelor's degree-holders under the age of 25 last
year were jobless or underemployed, the highest share in at least 11
years. In 2000, the share was at a low of 41 percent, before the dot-com
bust erased job gains for college graduates in the telecommunications
and IT fields.” (Hope Yen, “1 In 2 New Graduates Are Jobless Or
Underemployed,” The Associated Press, 4/22/12)
Under President Obama, The
Unemployment Rate Among Young Adults Has Increased To 16.4% – More Than
Double The National Unemployment Rate. (Bureau Of Labor Statistics, www.bls.gov, Accessed 5/13/12)
Employment Among Young Adults Is At The Lowest Level “Since The Government Started Keeping Records In 1948.” "How
hard has the Great Recession hit young adults in the U.S.? According to
a report released Thursday by the Pew Research Center, only 54.3% of
young adults aged 18 to 24 have a job. It's the lowest rate since the
government started keeping records in 1948." (Josh Sanburn, "Fewest
Young Adults In 60 Years Have Jobs," Time, 2/9/12)
Nearly A Third Of Young Adults Are Returning To Live At Home – The Highest Share Since The 1950s. "Unable
to find well-paying work in a weak economy, escalating numbers of young
adults - as many as 3 in 10 - are returning home to the family nest,
resulting in the highest share of young adults living in
multigenerational households since the 1950s, according to a
Pew Research Center report released Thursday." (Husna Haq, "Three In 10
Young Adults Live With Parents, Highest Level Since 1950s," The Christian Science Monitor, 3/15/12
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