July 2, 2013
Forty-five percent of graduates from four-year colleges work in jobs that do not require a four-year degree, according to a new survey by consulting firm McKinsey & Company.
“[T]he most striking finding from our survey may be the extent to which recent graduates find themselves in jobs that they say do not require a college degree,” says the report unveiling the survey’s findings. “Overall nearly half say this is the case, though graduates of public universities are 11 percent more likely to feel overqualified than those who attended private universities.”
The report also found that about one-in-three college graduates feel their four-year education did not prepare them well for employment. That number grew to forty percent when graduates of two-year colleges responded.