The college youth are screwed by the Obama economy: America May Have Too Many College Graduates.
It's a very complicated state of affairs, but the economy still stinks for almost everybody without a government job. However, it does not alter my longstanding thesis that a liberal arts education is not meant to be a job credential, and never was. It was designed as life-enrichment, advanced mental discipline, and delayed-adulthood for the clergy, for serious scholars, and for the prosperous elites.
What it is today, no-one knows.
Related: Trading caps and gowns for mops - Real-time advice: College grads are working in jobs unrelated to their studies. What's wrong with that?
Most of the kids today are being challenged to build something for themselves. That's a good thing for everybody, but it works better if the government gets out of the way.