Economic Struggle's of A College Student/Grad

Economic struggle has been the overview of many US citizens ever since the crash of the market in 2008.  There were many causes to the crash of the market but most economist believe it to be caused by the housing market.  Basically people were buying homes and selling them for profit, after people saw how easy it was to do this successfully and make money more and more people began to follow suit.  Banks handed out loans to under qualified people because they also thought that because the housing market was so strong they would make back there money easily.  This article isn't to contemplate the reasons we are in succession though; rather to expand on the day to day activities that people must struggle through because of economic pressures.


Being a college student, I am in an unfortunate position of a slow start to a not so promising future.  With the economy suffering and the job market almost non existent it is nearly impossible to get a good job out of college.  There is what I call an experience gap, the lack of experience college graduates face because they have not been able to get interns and other work related experience.  So many employer's want there new hires to have anywhere from two to five years of work related experience because they do not want to take on the cost of training a new employee.  This makes it very difficult for students in college and new graduates to find jobs relating to their respective majors.


So how does this relate to "Economic Struggle's"? Because there is a lack of job availability in the overall market it is forcing college graduates to take over qualified positions and not able to make their respective degree's potential of income.  Student's therefor graduate and must start making payments on their student loans but do not have the means to make those payments because they are stuck flipping burgers at the local McDonald's.  This has an unfortunate domino's effect, they can not make the money they need to pay off their loans so they go out and apply for more loans.  College graduates are stuck taking out loans to pay off other loans until they can get the "work related experience" to land a job pertaining to their degree and pay off their debt.