Fall has arrived. Across U.S. college campuses, thousands of students are deciding on majors that will hopefully prep them for the job they've dreamed of. But they're probably also pretty discouraged, having heard that so many graduates before them are spending their days as baristas earning a measly wage.
Indeed, it's tougher out there for America's young people. For the sixth year in a row, real earnings declined for 25 to 34-year-olds with a bachelor's degree working full-time, according to Progressive Policy Institute's look at the latest U.S. Census data. In 2011, they earned $10,000 less than they did in 2005, falling from an inflation-adjusted $64,500 to $54,500.
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