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Grads Bypassing Money for Skills and Meaning

Although today's college students and recent graduates are under far more financial pressure than those of previous generations, an increasingly large number of them are bypassing the opportunity to make big money after graduation by going to work first for service-oriented organizations such as AmeriCorps, Teach for America, and the Peace Corps.

Want some numbers to crunch on? I thought so. Consider these:

  • In 1999, federal service initiative AmeriCorps enrolled 7,608 new college graduates. For 2007, that number will be 13,447.
  • Teach for America received 13,500 applications in 2004 and 19,000 in 2006.
  • The Peace Corps received 8,917 applications in 2001 and 12,242 in 2006.
So the next time that sometime tells you that today's college students are selfish, money hungry, and not concerned about anyone's welfare other than their own, tell them to crunch the numbers.
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