Alumni Use Old School Ties to Find Work

The New York Times reports:

In the last year, as the recession and a 9.5 percent unemployment rate have slowed the economy, schools have been amending their pitches to older graduates. Typically, undergraduate institutions offer standard-fare golf tournaments and wine-tasting reunions — hoping to tap nostalgia and shake loose donations. Now, they are providing an expanding array of career services, including panels of alumni experts, professional affinity networks, personal coaching and job listings, support that is becoming a fixture of business and law programs. Old school ties, they suggest, can have new currency, even urgency.