Jason Voorhees
๐ธ๐๐๐๐๐๐๐๐ ๐ฎ๐๐๐
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You know it's over when even Harvard Grads are struggling to find jobs.
The National Association of Colleges and Employers (NACE) reported a 15% decline in internship offers for 2023-2024 compared to pre-pandemic levels, with sectors like tech slashing opportunities after mass layoffs at companies like Google and Meta.
A 2023 Harvard University survey revealed that 35% of seniors struggled to secure internships, a critical gateway to employment, marking a significant rise from 20% pre-pandemic.
Student debt exacerbates the crisis, with the average borrower owing $37,338 (Education Data Initiative, 2024), while wages stagnate: entry-level salaries in fields like finance and consulting have risen just 4% since 2020, lagging far behind inflation.Harvard's Career Services now warns students about "unprecedented competition" for roles once considered guaranteed pathways to stability.