Looks like the recession may have irked the nation’s so-called brightest.
The paper reports that about a third of new graduates plan to work on finance, with 15 percent working on Wall Street and 16 percent doing consulting. In 2007, before the recession, 47 percent of Harvard grads went onto work in finance and consuting, a number that fell to 39 percent in 2008, and 20 percent in 2012.
As the Huffington Post noted, it looks like the financial crisis may have triggered a change in the aspirations of the nation’s brightest, prompting millenials to prefer work in industries where they can contribute to social good, like health and tech, although many of them, no doubt, want to score big in tech. At the same time, Wall Street is laying off more employees than it hires, so grads’ reasons for career shifts may be more pragmatic than idealistic.
Thank you alternet.org.
By: Kristen Gwynne