The Unemployment Rate for College Grads with a Bachelor’s Degree Dropped to 2.3%

The Unemployment Rate for College Grads with a Bachelor’s Degree Dropped to 2.3%

Not since May of 2008 has the seasonally-adjusted unemployment rate for those holding a Bachelor’s degree been this low. At the current rate, we should see this dip under 2% by the middle of 2017. At least in terms of 4-year college graduates, the job market seems to be opening up significantly. As more degree holders become employed, the default and postponement rate for student loan and credit card payments should start dropping.

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