Part 10/11:
The diminishing presence of entry-level jobs raises significant macroeconomic concerns. These roles are vital for nurturing skills, promoting professional growth, and preparing the workforce for higher responsibilities. A failure to sustain this employment pipeline could lead to a shortage of qualified professionals in critical sectors within a decade.
Moreover, widespread unemployment among recent graduates could dampen consumer spending, elevate student loan default rates, and increase pressure on public assistance programs. Projections from the Congressional Budget Office indicate that, if the trend continues, student loan delinquency could escalate from 7.8% to approximately 12.5% by 2027.