
This WaPo article linked below reminds me of my 1990 job search right after college.
https://www.washingtonpost.com/opinions/2024/...rce-gen-z-challenge/ Many of the prestige, high-paying employers and industries that recruit new college grads took a break in hiring starting last year. In the spring of 2024, my B-school had a job market webinar. At that time, several speakers commented that the hiring could be expected to fall off in summer through the Presidential election based on historical patterns. |
Very similar to my friend whose son just finished his degree in May. He had to really focus on passing his classes and had to take some extra classes also. She said between that and other personal issues, he put job hunting on the back burner. As fortune would have it, he starts full time job related to his field after Labor Day. Good luck to your daughter! |
Sorry to hear about this but be confident that your nephew will do very well with that Carnegie Mellon degree. |
Aha! This unwillingness to go into the office is underreported and must be a major factor. My son got a great job well before he graduated but he had to move to another city and go into the office 5x daily. He loves it because this is a big employer with 200 new hires right out of college. |
Just saying - kids are not allowed to take out $300k in student loans. If the parents did this, shame on them. You do not compute a deficit based on earnings vs cost of education. That would be an RoI calculation and the earliest you would do that is five years out, then again every five years. $56k would be tough in DC but with roommates and a place in the burbs it would be do-able, though tight. |
Folks: NO undergraduate has $300k in federal student loans. If their parents took out federal “parent plus” loans in $300k, that is on the parents. |
THIS. Yes! Similar story to my kid. Be sure your kid is polite, social and understands the office environment. |
Should’ve been an accountant. |
Accounting is very strong - there is a national shortage. Finance is hiring but you need to be top of the heap at your school for a good job, plus be able to network your way into a job if attending a non-target school. |
This is phenomenal. |
+1 Some Bethesda neighbors looked quizzical that our kids were working in the summer at minimum wage jobs instead of flying off somewhere to pay to do charity work. Our kid accepted a six figure job offer before graduating. Many of these kids who have never earned a buck on their own end up coming back home for a year while applying to graduate programs. |
I’m only aware of a very few at State, CIA, FBI, NIST, and Secret Service. Not that popular an option but after law school DoJ and other agencies become very attractive. |
PP, would you mind naming your undergrad institution? |
Lots of teaching jobs to be filled. |
+1 Take the in-office job, especially the in-office internship. Much better for making a good first impression and learning office etiquette, business social skills, etc. My son, just started senior year, had a 100% in-office internship this summer at a firm with a big intern program. Had a great experience and they are keeping him on the books part time during the school year (10ish hrs per week) with an expectation that it will convert to a regular full time job after graduation. He's not 100% sure that's the job he wants but so great to have it in hand while he also explores other options. And the security clearance he got for the internship is a big asset. |