Finance

College grad finanicial problems

6 Comments 24 June 2011

You spend 4 to 5 years (sometimes more) grueling your way through college so you can get that piece of paper that says, you’ve earned a Bachelor’s Degree in something.  Now what?  Hopefully, you’ll get a great job making good money and the fun can begin, right?

Hold on!  You can’t set sail around the world just yet.  You have student loans, you have to move off campus, and get a “real” home in the form of an apartment or house.  And you may want to get a more reliable car.  Yours has been smoking for the last 2 years, and only gets 5 MPG.  With all that you just committed half of your monthly income to someone else.

I really think few college grads understand this.  Now don’t get me wrong, I believe many do, but for the most part, college grads are failing in the transition to the real world.  Mainly financially.  Going from working as a department supervisor at some retail store to a Fortune 500 corporate position is culture shock #1, but then the surprise to see that first direct deposit in your account is almost enough to make some think they’ve won the lottery.

Let’s hear it kiddos.  Whether in college, alum, or dropout.  Opinions are valuable and we care about yours.

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