Graduates struggle to cope with challenging economy

Graduates are struggling to deal with the world’s challenging economic conditions upon leaving university, it has been observed.

Writing for News, student Evan Ruccolo noted that the period between graduation and landing a first job is one of "fear and anxiety for a number of reasons", a major one of which is a lack of income.

He suggested that because of the financial burden of student loans, housing, food and transportation, many graduates look for work beyond their field of education just to meet their obligations.

Mr Ruccolo therefore advised new graduates to find a source of income that can support not only their lifestyle but also their job search.

"Searching for work can be a full time job. It requires time, commitment, research, and money. In order to get by, graduates need to be creative and bring out the old entrepreneurial spirit," he said.

Such comments may interest Australians looking to compare student finances in search of the best options. Last week, academic Glyn Davis wrote in the Australian that the country’s tertiary education system now stands as its largest service export.

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