Wall Street worries college students - WALB.com, Albany News, Weather, Sports

Wall Street worries college students

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By Delivrine Registre - bio | email

September 21, 2008

ALBANY, GA (WALB) - Sage Glasper, a senior at Albany State University, is already getting a hard lesson in economics. "I don't have a job, I'm just a work study student. And trying to do stuff like that and when prices like milk and gas go up; it kind of puts a damper on everything I got," said Glasper.

The Mass Communication major will graduate in May. "I am excited about that. And I am excited about getting into the work field," said Glasper.

But the lagging economy is making it harder for students like him all across the country to get a job. "I know some business management majors whose biggest concerns are if a job will be out there," said Glasper.

Unemployment claims went up 72 percent in Georgia when 59,000 laid-off employees filed last month. "The job market in those areas are really getting scarce, and it has a lot to do with the economic situation that is going on now," said Glasper.

Glasper is relaying on his internship experience, and his willingness to work for less money to get him a job, but he knows it is no guaranteed. "People are willing to bring you in, and let you learn what you need to learn, but when it comes the hiring the numbers are decreasing."

And that is why he is advising all under classmen to start now. "If you can start to put together what you need to do: your media packets, your resumes, you need to start now to look for a job now," said Glasper. Because this may give you a leg up on the competition.

The credit crisis is also hurting students who are trying to get loans to pay for college. Students now have fewer choices of lenders. Right now, many of those choices are offering higher rates and fees.

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