In what may be the final nail in the coffin for the "college = career" myth, a new report from the Federal Reserve Bank of Cleveland confirms what many Americans have learned the hard way: a college degree no longer guarantees you a job — or even a head start in the labor market. The study reveals that the once-wide gap in employment prospects between college graduates and high school grads has nearly vanished. For the first time since the 1970s, the job-finding rate — the likelihood of landing a job — for young college graduates has fallen to the same level as their high school-educated peers. This data isn’t some fringe interpretation. It’s coming straight from the Fed. “The…
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