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Hundreds of thousands of Master's degree holders, PhDs on food stamps

 
Person445

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02/04/2013 09:42 AM

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Hundreds of thousands of Master's degree holders, PhDs on food stamps
Shelling out tens or even hundreds of thousands of dollars for higher education may no longer be the surefire path to a great career that it used to be. A recent report compiled by the education resource group OnlineColleges.net found that more than 300,000 Americans with either Master's degrees or Ph.D.s were receiving food stamps in 2010 -- and many more are likely on some form of government assistance today as economic conditions since that time have only continued to worsen.

To give a point of reference as to how bad the situation truly is, there were fewer than 100,000 Americans with Master's degrees or Ph.D.s on food stamps in 2007, which means the overall number of people with extensive college educations on government assistance more than tripled in just three years. And if this trend continued at the same rate between 2010 and 2013, the total number of college educated on government assistance today has easily eclipsed more than half a million, and with no end in sight.

According to the latest government data, more than 5,000 people working right now as custodians have Ph.D.s they are not using, and another more than 100,000 people with at least a bachelor's degree currently work in some sort of custodial position. A whopping 80,000-or-so people with at least a bachelor's degree also currently work as attendants at amusement parks and other recreational facilities, while nearly 320,000 college graduates currently work as servers at restaurants and cafes.

"According to the Bureau of Labor Statistics, roughly one in three college graduates works in a job the Labor Department says requires less than a bachelor's degree,"

Learn more: [link to www.naturalnews.com]
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Anonymous Coward
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02/04/2013 11:50 AM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
well, they all got their Masters and PhDs out of Cracker Jack boxes, too.
DesinzitizedSleepWalk​er9978

User ID: 33296170
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02/04/2013 11:53 AM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
sickening...i dont have shit and i'm not out chasing assistance.
DesinzitizedSleepWalk​er9978

User ID: 33296170
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02/04/2013 11:55 AM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
This is also why people that do not have a college education cant find work...people just doing what they have to and still be able to get assistance
Anonymous Coward
User ID: 28870983
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02/04/2013 11:59 AM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
How much longer till it all implodes?
Anonymous Coward
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02/04/2013 12:02 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
How much longer till it all implodes?
 Quoting: Anonymous Coward 28870983


i give it a couple'a more days, yet. then it will all be a "level playing field", so to speak :)
Anonymous Coward
User ID: 20704146
United States
02/04/2013 12:03 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
I have master's from as major university and an undergraduate degree from another significant state university.

Not on food stamps because I grow food in my garden. The only job I've been able to find is working 10-12 hours a week in a local restaurant.

Getting by just barely because my expenses are low (house stays cold) and everything is paid for, including my 13 year old car. Have one small rental property that brings in a couple hundred a month.

It is bare bones living, but healthy and reasonably comfortable in spite of being a little cold.

I am FURIOUS over the excessive spending by local, state and federal government. Not so much about food and housing assistance, but about the corporate rake-offs.
Anonymous Coward
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02/04/2013 12:07 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
I have master's from as major university and an undergraduate degree from another significant state university.

Not on food stamps because I grow food in my garden. The only job I've been able to find is working 10-12 hours a week in a local restaurant.

Getting by just barely because my expenses are low (house stays cold) and everything is paid for, including my 13 year old car. Have one small rental property that brings in a couple hundred a month.

It is bare bones living, but healthy and reasonably comfortable in spite of being a little cold.

I am FURIOUS over the excessive spending by local, state and federal government. Not so much about food and housing assistance, but about the corporate rake-offs.
 Quoting: Anonymous Coward 20704146


bump
Northman

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02/04/2013 12:11 PM

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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
A degree from the Wizard doesn't mean you know how to do anything.
Anonymous Coward
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02/04/2013 12:15 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
One of the ideas being put out there in the media is that it's insane that foreign students who get degrees from our universities are then not allowed to stay here. They have to go back to their own country. We're being told that's bad.

I wonder if unemployed Americans with degrees would agree with that.


Yes, we Americans come last here in our own country. We don't matter and we don't count.

And after amnesty, unemployed Americans with degrees will have to compete with 30 million wetbacks for ordinary working class jobs!
Anonymous Coward
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02/04/2013 12:19 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
There is nothing wrong with getting advanced degrees. The problem is that universities have turned into diploma farms. No longer are advanced degrees reserved for those brightest and most applied individuals. Now anybody with decent grades can go to grad school. Compounding the problem is grade inflation. Today more students are earning better grades. This makes the pool of not particularly deserving grad students even larger.

There was once a time when a professor typically took on just 5 or 6 Ph.D students in his/her entire career. Now some professors have that many at any given time.

Not to mention all the bs degrees.

I'm all for undergraduate and graduate education. The system is failing, however.
Anonymous Coward
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02/04/2013 12:20 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
Awww comon OP, having a masters or phd and not working is because they are lazy, they dont want to work, they prefer to do nothing for that is the reason they went to college, the reason they did post grad studies, so they could lecture others and have sex with younger people.

They dont have any need to work.

Unless you are implying that they were conditioned to studied all their lives to get to the pinnacle of their specialisation, only to realize it was all a lie and that there is no hope for them because they are not from rich backgrounds that enable them top jobs and favors that ensure they stay on top?
Alexander

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02/04/2013 12:24 PM

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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
Which just goes to show if you don't learn something useful that someone wants it's hard to find a job. On the other hand if these people go to trade school or go back and become something like an RN they can find work because of the health care shortage.

I recall asking someone who was getting a Ph.D. in Philosophy what he planned to do with that degree because the only thing one could really do is become a professor. He didn't have a clue.

Degrees that are worthwhile are in finance, science, computer technology, engineering, etc. But even more important people also need to think along the lines of self-employment where skills are marketable.

Even beauticians and mechanics make more money then some of these other higly educated other folks.
The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
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Anonymous Coward
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02/04/2013 12:25 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
well at least they can have stimulating interesting conversation while flipping burgers and mopping out the shitters
Anonymous Coward
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02/04/2013 12:26 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
Shelling out tens or even hundreds of thousands of dollars for higher education may no longer be the surefire path to a great career that it used to be. A recent report compiled by the education resource group OnlineColleges.net found that more than 300,000 Americans with either Master's degrees or Ph.D.s were receiving food stamps in 2010 -- and many more are likely on some form of government assistance today as economic conditions since that time have only continued to worsen.

To give a point of reference as to how bad the situation truly is, there were fewer than 100,000 Americans with Master's degrees or Ph.D.s on food stamps in 2007, which means the overall number of people with extensive college educations on government assistance more than tripled in just three years. And if this trend continued at the same rate between 2010 and 2013, the total number of college educated on government assistance today has easily eclipsed more than half a million, and with no end in sight.

According to the latest government data, more than 5,000 people working right now as custodians have Ph.D.s they are not using, and another more than 100,000 people with at least a bachelor's degree currently work in some sort of custodial position. A whopping 80,000-or-so people with at least a bachelor's degree also currently work as attendants at amusement parks and other recreational facilities, while nearly 320,000 college graduates currently work as servers at restaurants and cafes.

"According to the Bureau of Labor Statistics, roughly one in three college graduates works in a job the Labor Department says requires less than a bachelor's degree,"

Learn more: [link to www.naturalnews.com]
 Quoting: Person445


the wonderful world of obama...
Anonymous Coward
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02/04/2013 12:27 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
having a degree in basket weaving or jazz music isn't going to get you anywhere. Neither is a "business" degree because everyone has those. I'm almost done with my BS in Health Science and I'm getting all sorts of job offers...
Anonymous Coward
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02/04/2013 12:29 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
I'd like to see what percentage of those people got their advanced degrees from ITT tech, Phoenix, and other laughing stock so called universities. There must be tens of thousands of such people. They soon learn that the degrees aren't worth the paper they're written on.....yet federal aid can still be used to attend such schools.

I'd also like to see the break down of what the degrees were in. Music? Art? Journalism?

I'd imagine if BS degrees and degrees from BS schools were stripped out of the data things wouldn't look nearly so bad.

I just can't imagine all that many people with masters in biochemistry or mathematics on food stamps. Sure, nationwide the numbers may be a thousand or two, but taken as a whole that would be a tiny percentage. Then there are the disabled degree holders. How many are disabled and included in this list? How many are short term food stamp users that are just between jobs for a few months? Truth is that 60% of people on food stamps are on them for 6 months or less.
Anonymous Coward
User ID: 961432
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02/04/2013 12:30 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
Ahh come on now, the obvious answer is to go back to school.

pennywise
~IS~

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02/04/2013 12:32 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
They can always get a laboring job.
Lady Jane SmithModerator
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02/04/2013 12:34 PM

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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
There is nothing wrong with getting advanced degrees. The problem is that universities have turned into diploma farms. No longer are advanced degrees reserved for those brightest and most applied individuals. Now anybody with decent grades can go to grad school. Compounding the problem is grade inflation. Today more students are earning better grades. This makes the pool of not particularly deserving grad students even larger.

There was once a time when a professor typically took on just 5 or 6 Ph.D students in his/her entire career. Now some professors have that many at any given time.

Not to mention all the bs degrees.

I'm all for undergraduate and graduate education. The system is failing, however.
 Quoting: Anonymous Coward 33621064


^^ That ^^

Many of the people have gotten degrees in barely marketable BS even during good times. The remainder have been watered down.

I earned my MBA from a demanding in residence program, now MBAs are to be had online.

No wonder people in the Financial industry are so fooking clueless. There is no way an MBA earned online provides the background or knowledge base to make remotely sound managerial decisions.

Last Edited by Lady Jane Smith on 02/04/2013 12:36 PM
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Interstellar Breeze

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02/04/2013 12:40 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
With student loans they will probably pay to the banks for the rest of their lives.
~IS~

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02/04/2013 12:40 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
People that go to school because they dont care to push a plow all day are a worthless drain .

They come up with wonderful manipulative skills so they can be a slave driver.

People with degree's haven't built one thing. They wouldn't have the skill set it takes to lay the first brick.

But it all looks pretty on paper.

They set around thinking of whats better for everyone else.Then with the pen of lazy no gooders. They deem it so by mental decree.
Anonymous Coward
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02/04/2013 12:40 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
sickening...i dont have shit and i'm not out chasing assistance.
 Quoting: DesinzitizedSleepWalker9978


sickening...i dont have shit and i'm not out chasing assistance.
 Quoting: DesinzitizedSleepWalker9978




Givers and Takers my freind ! Thats who we are ! Im a GED holding retard who owns my own private business no where near food stamps! Its Ironic how the " smart poeple" are in the most trouble! But? The old hard chargin American? He,s still out there givin em hell!!!! Dark days ahead my freind!! Dark Days!!!!!!
Anonymous Coward
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02/04/2013 12:42 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
well, they all got their Masters and PhDs out of Cracker Jack boxes, too.
 Quoting: Anonymous Coward 33351085


Ummm...I have a biology degree and a MBA from very good universities and I still have no job after 6 months of very dilligent looking. If I wasn't living with my parents I would be screwed.
Anonymous Coward
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02/04/2013 12:43 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
With student loans they will probably pay to the banks for the rest of their lives.
 Quoting: Interstellar Breeze


Last I heard student loan default rates were somewhere around 20% and climbing. The total amount of outstanding student loans is over $1 trillion, this is larger than what began the sub-prime crisis.

Oh, and the re-emerging housing boom? I'm sure that is sustainable when historically young professionals were counted on to buy a new home, but when saddled with $100k debt I don't think many will be in the market for a new home. Add in that as baby boomers retire they usually liquidate assets and downsize their living space.

I still don't get how some people can't see this whole "recovery" has been totally manufactured by papering over the toxic debt piles with new debt and a complicit media agenda.

.
Anonymous Coward
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02/04/2013 12:44 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
and..
Anonymous Coward
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02/04/2013 12:44 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
People that go to school because they dont care to push a plow all day are a worthless drain .

They come up with wonderful manipulative skills so they can be a slave driver.

People with degree's haven't built one thing. They wouldn't have the skill set it takes to lay the first brick.

But it all looks pretty on paper.

They set around thinking of whats better for everyone else.Then with the pen of lazy no gooders. They deem it so by mental decree.
 Quoting: ~IS~


Bingo!!!!! Exactamundo!!!!!!!!!! Brillaintly spoken !!! It all looks pretty on paper!!!!!!!!! Lmao!!!!!!!!!! Starve you Phd Retards!!!!!!!!! Starve!!!!!!!!!!clappa
Anonymous Coward
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02/04/2013 12:46 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
People that go to school because they dont care to push a plow all day are a worthless drain .

They come up with wonderful manipulative skills so they can be a slave driver.

People with degree's haven't built one thing. They wouldn't have the skill set it takes to lay the first brick.

But it all looks pretty on paper.

They set around thinking of whats better for everyone else.Then with the pen of lazy no gooders. They deem it so by mental decree.
 Quoting: ~IS~


Bingo!!!!! Exactamundo!!!!!!!!!! Brillaintly spoken !!! It all looks pretty on paper!!!!!!!!! Lmao!!!!!!!!!! Starve you Phd Retards!!!!!!!!! Starve!!!!!!!!!!clappa
 Quoting: GT500




Poeple want winners !!! Not losers who paid a hundred K to be told there smart???????? Lmao!!!!!! ( evil laughs)
Anonymous Coward
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02/04/2013 12:47 PM
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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
Which just goes to show if you don't learn something useful that someone wants it's hard to find a job. On the other hand if these people go to trade school or go back and become something like an RN they can find work because of the health care shortage.

I recall asking someone who was getting a Ph.D. in Philosophy what he planned to do with that degree because the only thing one could really do is become a professor. He didn't have a clue.
 Quoting: Alexander


Can't be that short....every day a new batch get fired it seems haha
Dr. AstroModerator
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02/04/2013 12:48 PM

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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
People that go to school because they dont care to push a plow all day are a worthless drain .

They come up with wonderful manipulative skills so they can be a slave driver.

People with degree's haven't built one thing. They wouldn't have the skill set it takes to lay the first brick.

But it all looks pretty on paper.

They set around thinking of whats better for everyone else.Then with the pen of lazy no gooders. They deem it so by mental decree.
 Quoting: ~IS~


Bingo!!!!! Exactamundo!!!!!!!!!! Brillaintly spoken !!! It all looks pretty on paper!!!!!!!!! Lmao!!!!!!!!!! Starve you Phd Retards!!!!!!!!! Starve!!!!!!!!!!clappa
 Quoting: GT500


You guys sound jealous. Just saying...
astrobanner2
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02/04/2013 12:54 PM

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Re: Hundreds of thousands of Master's degree holders, PhDs on food stamps
How much longer till it all implodes?
 Quoting: Anonymous Coward 28870983


Soon.


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