College Unemployment: Tips on Surviving
College unemployment is at an all time high and many are feeling the burden of debts. An average college graduate would be $25,250 in debts and with no job; it is hard not to worry. As a recent graduate myself, I understand what many of these young graduates feel: the frustration of spending hours applying for jobs, writing cover letters that gets no where, interviews that you get no responses from. Its not that these college graduates does not want to work, many are desperately looking for jobs. These are some tips that I have for fellow graduates who are falling on hard times:
1.) Keep trying and don’t feel too depress. In life, there are good times and bad times. So continues to apply for jobs, write cover letters and go to these job fairs. You never know when there is an opportunity for you. So keep trying and don’t feel too depress, you are not alone. There are thousand of college graduates who are in the same predicament as you.
2) Graduate School: Go to graduate school if you know what you want to do in life. Don’t go simply because you want to ride out the economy, you are just going to add more to your debts. The courses in graduate school are very specific unlike a bachelor degree. This is more to Humanitarian majors than to Technical majors (Hard science majors usually gets free tuitions for research that they do). So think twice before going to graduate school (unless it’s free than go go go!).
3) Take any jobs. Do not be picky; just take any jobs that comes your way to help pay the bills. There really is no shame in being a waiters/waitress, bartenders, cooks…etc, you got to do what you have to do to pay bills/loans.
4) Live with your parents. There really is no shame in going back to your parent’s house if you are struggling. They are your family and they will welcome you home with open hand in your time of needs. Rents are just unnecessary spending if your parents are willing to help you out. You can use that money to pay loans, buy a new suit for interviews, traveling to job fairs…etc. There is a lot that you can do with the extra moneys. So consider moving back home with your parents.
5) Considering getting a deferment or forbearance on your loans. If you don’t know, these two methods can help ease the burden of your loan until you get a job. A deferment or forbearance allows you to extend your grace period. Look up your loan and see if you qualify for any of these.
6) Consider joining the military. Joining the military can be a huge step but think about the benefits which you can earn. If you already have a bachelor, you can apply for a commission. If you want to go enlisted, you would go in as an E-4 (specialist). If you get lucky, the military might even pay your loans for you or else you can get more money for education (the military has a big emphasis on educations). Your foods and rent are free and you get health insurances. I am not trying to push anyone to commit to the military but just putting it out there as an option. If you want to know more information, talk to an recruiters.
These are just some simple tips for a struggling college graduates. If anyone has anymore tips, please contribute.