Education sentences to ponder

The unemployment rate for young college graduates exceeds that of the general population, and about 41 percent of recent college graduates — and 33.8 percent of all college graduates — are underemployed in that they are working in jobs that don’t require a college degree, according to new data from the Federal Reserve Bank of New York.

Here is more from Elizabeth Redden.  The sad thing is, this is evidence of meritocracy, not a stinking economy.