The transition from college to work during the great recession: employment, financial, and identity challenges

This study examines the challenges that recent college graduates face in a hard-hit US region during the Great Recession. In their poignant and sometimes heartbreaking perceptions of their biggest challenges,' graduates vividly illustrate the negative implications of degree completion during the recession. Based on an analysis of both closed and open-ended survey data of Michigan's 2012 graduates, we find that women and first generation college graduates fare the worst in terms of their employment status, debt and income levels, and subjective assessments of job opportunities and financial stress. In contrast, men, especially those whose parents have at least a bachelor's degree, were more likely than their counterparts to report that their biggest challenge' since graduation was linked with making the transition into adult roles. Taken together, these findings suggest widespread difficulty after graduating from college during the Great Recession, and the ways in which these difficulties are linked with gender and class inequalities.