College Graduates, Be Careful What You Ask For

If you’re a college grad, or even a high school grad thinking about college, think long and hard about the workforce situation described in this post. The first key is staying out of debt.

Finding My College

Many college students aspire to that plum corporate job. But is it as plum as they think? Perhaps not.

Last week I received a call from a friend who’s the CEO of a company. He wanted to talk through some issues relating to a RIF (reduction in force) he’s planning to implement. Quite a few people are about to lose their jobs. For many if not all, it will be devastating in the short term and, for some, it may be devastating in the long term as well. Frankly, it sucks. My unspoken reaction was unequivocal: I’m glad I don’t have to do this.

There was nothing I abhorred more as a manager than having to let people go. It was bad enough when the decision was driven by something they had done or not done. It was even worse when it was driven by a higher-up’s dissatisfaction with profit…

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2 Replies to “College Graduates, Be Careful What You Ask For”

  1. James
    I do not agree with you all the time .
    But this time you are 100 % right .
    I also appeal to parents.
    Please do not send your children to second class colleges.
    They will be underemployed or not employed at all .
    See even graduates of the good colleges are at risk .
    As you say never debt .
    I am an engineer of 50 years . I paid many times more Money to plummers than I paid to an engineer.
    There are many good vocational schools too .


    1. I agree, M — vocational school should be more often considered an option. Those can be pretty expensive too, so everyone needs to think about avoiding debt and what they really want to do in life.


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