What is worse than graduating from college only to face the prospect of no job and no income? Being $22,000 in debt from college loans! The upheaval in American higher education is just beginning, but the writing is on the wall for all to see: No money, no students, huge cutbacks, unemployed professors, bankrupt colleges and universities.
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I actually work at a university and we are all concerned about our jobs. Its pretty sad too because I just graduated this summer and I'm starting to repay my loans but the thought of being laid off (the first round was faculty and the end of two out of four major colleges) as well is just too much right now. Plus my husband is a surveyor and work has practially stopped all together. We are truly in some crappy times.
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