The 1.2 million college students who graduated this year are in the process of making some tough choices on whether they should sit out the bad job market or pursue a master''s degree, according to CollegeJournal.com. Not only are these grads competing against each other for jobs but they are also up against nearly nine million unemployed people for only three million positions.
The grim outlook for members of the class of 2003 is due in part to diminished hiring needs, fewer clients requiring services from organizations, budgetary cutbacks, hiring freezes, low attrition and layoffs. CollegeJournal.com advises graduates to take the time they need to decide if and where they should go to grad school.
Graduate school is no picnic. If you fail and have to withdraw, you not only lose your initial investment of time and money, but you also may have difficulty convincing another graduate-admissions committee to give you a second chance when you''re settled and know what you want to do.
CollegeJournal.com encourages college grads to explore
both job and master''s degree opportunities
