Millions of Graduates Hold Jobs That Don’t Require a College Degree, Report Says

January 28, 2013

Students who graduated into the Great Recession have struggled to find work that fits their learning. But according to research released on Monday, millions of college graduates over all—not just recent ones—suffer a mismatch between education and employment, holding jobs that don't require a costly college degree. The study, from the Center for College Affordability and Productivity, says that nearly half of all American college graduates in 2010—some three years after the recession began—were underemployed, holding relatively low-paying and low-skilled jobs. According to a report on the study, "Why Are Recent College Graduates Underemployed? University Enrollments and Labor Market Realities," out of 41.7 million working college graduates in 2010, 48 percent—more than 20 million people—held jobs that required less than a bachelor's degree. Thirty-seven percent held jobs that required no more than a high-school diploma.