State of the Union: Chronicle of Higher Education Estimates The Amount of People Applying for Food Stamps With Higher Education Has Tripled Since 2007

“…..The number of people with graduate degrees — master’s degrees and doctorates — who have had to apply for food stamps, unemployment or other assistance more than tripled between 2007 and 2010. Of the 22 million Americans with master’s degrees or higher in 2010, about 360,000 were receiving some kind of public assistance, according to the latest Current Population Survey released by the U.S. Census Bureau in March 2011.
So holding a PhD does not automatically walk you into even a decent paying job any more. This infographic below helps to illustrates this sad new reality in America.”

Full article and infographic