Of all the truths that this generation of Americans hold self-evident, few are more deeply
However, as the class of 1993 is so painfully discovering, while a college diploma remains a requisite credential for ascending the economic ladder, it no longer guarantees the good life. Rarely since the end of the Great Depression has the job outlook for college graduates appeared so bleak: of the 1.1 million students who received their baccalaureate degrees last spring, fewer than 20% had lined up full-time employment by commencement. Indeed, an uncertain job market has precipitated a wave of economic fear and trembling among the young. "Many of my classmates are absolutely terrified", says one of the fortunate few who did manage to land a permanent position. "They wonder if they'll ever find a job".
Some of this recession-induced anxiety will dissipate if a recovery finally begins to generate jobs at what economists consider a normal rate. But the sad fact is that for the foreseeable future, college graduates will be in considerable surplus, enabling employers to require a degree even for jobs for which a college education is really unnecessary. According to Kristina Shelley of the Bureau of Labor Statistics—who bases her estimate on a "moderate projection" of current trends—30 percent of college graduates entering the labor force between now and the year 2005 will be unemployed or will find employment in jobs for which they will be overqualified, joining what economists call the "educationally underutilized".
Indeed, it may be quite a while—if ever—before those working temporarily as cocktail waitresses or taxi drivers will be able to pursue their primary career paths. Of course waiting on tables and bustling cab fares are respectable ways to earn a living. But they are not quite what so many young Americans—and their parents—had in mind as the end product of four expensive years in college.
The author tries to convince us that______.
A.the purely economic rationale for college is not as compelling as it once was
B.college education paves the way for future success
C.a college diploma is the prerequisite credential for better jobs
D.higher education faces an unforeseeable future