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From: Biden Economy <biden@jobs.none>
Newsgroups: talk.politics.guns,or.politics,talk.politics.misc,talk.euthanasia,or.general
Subject: A millennial who went to college in his 30s when his career stalled says his Bachelor's degree is 'worthless' and that he's been looking for a job for 3 years
Followup-To: talk.politics.guns,talk.politics.misc
Date: Thu, 9 May 2024 23:34:51 -0000 (UTC)
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A millennial quit his job in 2015 to pursue a college degree because his 
career growth had stalled.

But he's struggled to land a job since graduation and is stuck with 
student debt.

He's among the rising share of US men who've at least temporarily dropped 
out of the labor force.

In 2015, at age 34, Dan Colflesh decided to quit his job in the customer 
service industry and pursue a college degree.

"I worked my way up in a few companies, but I always hit a roadblock in 
promotions because I didn't have a college education," he told Business 
Insider via email.

By 2021, he earned an associate degree in physics from a community college 
in Massachusetts and a Bachelor's in political science from the University 
of Massachusetts Amherst. But the additional education hasn't helped him 
much in the job market and saddled him with student loans, he said.

"No one will hire me," he said. "My Bachelor's degree is pretty much 
worthless."

Colflesh said he's been looking for work over the last few years and 
applied to more than 100 jobs. But he said there have been stretches where 
he's felt "defeated," during which he paused his search for a few months 
at a time. What's more, he said an injury delayed his search for a couple 
of additional months.

While the US male unemployment rate is low when compared to past decades, 
Colflesh is among the men who have struggled to find work — or have 
stopped looking altogether. In 1950, about 97% of American men between the 
ages of 25 and 54 had a job or were actively looking for work, according 
to the Bureau of Labor Statistics. As of January, that figure had fallen 
to about 89%.

Among the several explanations for this trend is that, in recent decades, 
it's become more difficult to land a high-paying job without a college 
degree — a development that's contributed to some men leaving the labor 
force. These challenges persist today for men, who now account for less 
than half of college enrollees, even as more companies have started hiring 
candidates without a degree.

Some men aged 25 and older aren't in the labor force because they're 
pursuing a Bachelor's or advanced degree. But as Colfesh can attest to, 
having a degree doesn't guarantee success in the job market.

Over the past year in particular, it's become more difficult for some 
Americans to find high-paying jobs. A recent Vanguard report found that 
the hiring rate has held steady over the past year for workers who earn 
less than $55,000 a year, but has fallen for workers in the top third of 
earners, who make over $96,000, to its lowest level since 2014.

Today, Colflesh is still focused on finding a job. He shared the 
application strategies he's tried, why he thinks his job hunt has been so 
challenging, and what he plans to do moving forward.

Experience requirements and employment gaps could be working against him
Colflesh said he thinks one of the reasons his employment search has been 
difficult is that the job landscape has changed in recent years.

"Once you could have a Bachelor's degree in just about anything and get 
some kind of good-paying job," he said. "Now you have to have an insane 
amount of experience," he said.

He said this made it challenging to land a job with his political science 
degree, but that he didn't want to take out more student debt to pursue 
graduate school. So he decided to plow ahead on his job hunt, expanding 
his search and tweaking his application strategies.

He tried tailoring his resumes and cover letters for each employer and 
applied to some jobs that didn't require a degree, but he said he still 
had little luck. For example, he said he applied to be a cashier at two 
liquor stores with employee recommendations — but couldn't get an 
interview.

"I keep hearing employers talk about no one wanting to work and I 
desperately want to work, and I can't get someone to ever sit down and 
talk to me," he said.

Physical limitations would make it difficult for him to do blue-collar 
work, he said. He's also autistic, which he thinks could be contributing 
to his challenges in the job market.

"I'm always going to seem off to most non-autistics," he said. "The 
general lack of acceptance of autistic people makes social networking 
challenging and that impacts job opportunities."

Colflesh has a few other theories for why his job search has been 
difficult. He thinks he might be being too honest on his resumes — he's 
seen research that a lot of people stretch the truth. He also thinks he 
lives in an area where "who you know matters," and that not growing up in 
the community has disadvantaged him. Additionally, some employment gaps on 
his résumé might not be doing him any favors, he said.

Lastly, he said growing up in the Appalachian region of the US, an area 
that has struggled economically in recent decades, has been an additional 
obstacle.

"I would say that the No. 1 predictor of financial success is the zipcode 
you grow up in," he said. Some research suggests there could be some truth 
to this.

Colflesh said that he, his fiancé, and his daughter live with his future 
mother-in-law in Massachusetts and that his fiancé and her mother have 
been paying the bills.

His student loans provided him with about $5,000 each semester for living 
expenses, which he said he used to help his family. He also received some 
income from a "big crypto investment."

Looking forward, Colflesh said he recently had a second interview for a 
job. He's also considering going back to the type of work he did before 
going to college.

"I'll keep looking no matter how bleak it gets because I have to," he 
said.

https://finance.yahoo.com/news/millennial-went-college-30s-career-
180301986.html