Even as Pres. Obama proposes steps for student loan debt relief, real wages for college...

|By:, SA News Editor

Even as Pres. Obama proposes steps for student loan debt relief, real wages for college graduates continue to drop, Mike Mandel observes. In Q3 2011, full-time workers with a bachelor’s degree and no advanced degree earned 3.5% less Y/Y in real wages, continuing a long-term trend. And because real wages are declining, it’s much harder for grads to pay back their loans.