Financial turmoil threatens to have lasting effect on grads' career paths

The Chicago Tribune reports:

A recent Rutgers survey of 444 college graduates from the classes of 2006 to 2011 found that only 51 percent had full-time employment. The rest were in school, had part-time jobs or were out of the labor force entirely.

Those employed before 2007 with a bachelor's degree earned about $30,000 a year, while those who graduated in '08 or later received about $27,000 annually — a decline of about 10 percent.

Can you say higher education bubble?