Estimates are that more than half of recent college graduates are now among the unemployed or under-employed. Many have student loan payments due or past due, as total student loans top a trillion dollars. President Barack Obama has shown little concern for this disenchanted block of voters.
On June 15, 2012, adding insult to injury, the president issued an administrative fiat from the White House Rose Garden extending what amounts to work-permit amnesty for an estimated 1.4 million undocumented younger people brought to the United States before their 16th birthday “through no fault of their own.”
For U.S. citizens, however, there is no Obama job recovery plan. The president has only one plan at the moment: re-election. He has no advice for unemployed and under-employed college graduates burdened with student loan debt.
A New York Times story on July 2, 2012, quoted a Central Michigan University student as saying, “But there’s a lot of discouragement going around.” A recent Gallup national poll shows support for Obama in the 18- to 30-year age group dropping 20 percent.