How The Debt Ceiling Deal Could Affect Higher Ed And The Job Market
StateImpact New Hampshire (online)
August 2, 2011
As WCW writer-in-residence Laura Pappano noted in her recent New York Times article, "The Master's as the New Bachelor's," more employers are looking for employees with master's degrees "making the bachelor's no longer an adequate screening measure of achievement for employers." Meanwhile, as part of the debt ceiling agreement, graduate students will no longer be able to defer accruing interest on their student loans while they are still in school, which may cause students to go even deeper into debt in order to compete in a tight job market.