This is a quote from an article about those people that are going to have a hard time financially in 2011.
College is not a guaranty to financial success.But not having a college degree is frequently an indicator of tough times ahead.
“The undereducated. The value of education has never been clearer. The unemployment rate for people who never graduated high school is 15 percent–depression-level joblessness. For high-school grads with no college, unemployment is 10.4 percent, and for college grads it’s just 4.9 percent. Unskilled or low-skilled jobs in manufacturing, construction, and other fields will return slowly, if at all, since many of them can be outsourced to other countries where labor costs are lower. That makes education the single-biggest determinant of career success.”