Graduates Face Bad Ecomony : Poor Outcomes Effect Health

It's the culture of least resistance that has over taken the society - all it seems it takes to be happen is a smart phone and where's the party and who can't make it. Actually taking courses that matter to obtain a degree that will produce a steady income is lost to social pressures.

It's fat city while taking the easy way out to skate for four years or more, and then the jobs that you thought were available for your worthless degree are no where to be found in this horrid economy, actually there are nonexistent, but worse, on top of all this, you have this huge debt you obtained to get your worthless degree.

School is just a way to get organized for the good life when real time can be spent viewing a tiny screen to see how to proceed to the next step in their future. Little do they know that when the little screen get shut off because they can't pay the bills, their future get shut down as well.

How did this all happen?  Look in the mirror. Reality is a harsh teacher. 

Health Effects of Graduating During a Bad Economy
Source: David Cutler, Wei Huang, and Adriana Lleras-Muney, "When Does Education Matter? The Protective Effect of Education for Cohorts Graduating in Bad Times," National Bureau of Economic Research, May 2014.

May 30, 2014

According to a new study from David Cutler, Wei Huang and Adriana Lleras-Muney for the National Bureau of Economic Research, students graduating in bad economic times have lower wages and poorer health for many years after graduation compared to their counterparts who graduate during good times.

Analyzing data from European countries, the authors found correlations between employment, education and health:

• Higher unemployment when graduating is associated with lower household income as well as poorer health and lower life satisfaction.
• Moreover, those who graduate during times of high unemployment are more likely to be obese, smoke cigarettes and drink daily later in life.
• However, these effects are less pronounced in individuals with more education.
• Smoking and excessive alcohol uses actually drop during the short-term when unemployment rises, because individuals cut down on luxury expenses. However, the study found that such short-term deprivations actually lead to long-term increases in luxury goods consumption, such as smoking, alcohol and desserts.

The authors suggest that programs targeted at improving mental health and preventing the development of poor health habits could help uneducated youth during economic downturns.