ABSTRACT

Rating industry wrongdoing is a daunting task, with Big Pharma and High Finance in the running, but Higher Ed's betrayal of a century-old trust with young Americans vaults it toward the top of the list. The state of higher-ed teaching in America: Years of study by trusting young scholars who end up with academic positions that pay as much as entry-level fast-food jobs. Today's hard-working students come out of college with tens of thousands of dollars in loans, unskilled jobs, garnished wages, and no legal way to declare bankruptcy. The problem of youth underemployment is greatly magnified on the global stage, especially in poor countries, where young adult populations keep increasing while opportunities for living-wage jobs fail to keep up. And in the Middle East and North Africa, growing populations of jobless youth are feeding the European immigration crisis, and adding numbers to the ranks of militant groups that thrive on the rebelliousness of dissatisfied young people.