When I graduated from my undergraduate program in 2008, I had a bachelor's degree in psychology, which was too general to get me a job. I wanted to go into business, so I decided to earn a master's degree in human resources at the University of Minnesota.
At the time, it was rated as the number two HR school in the nation, and it cost a lot to go there. I took out $120,000 in student loans. The economy was unraveling at the time, but I hoped that over a couple years, the job market would improve.
Instead, things got worse. I graduated in 2010 at the bottom of the U.S. job market. At the time, only about half our class found jobs.
Now it's been more than two years, and I'm competing against fresh grads for entry-level positions and leadership training programs. A career counselor told me I missed the boat on getting a solid return on investment for my master's.
I have three part-time jobs. I am an unpaid volunteer in a local hospital's HR department, I'm a content manager for a video game website, and I clean typewriters... yes, typewriters.
I'm stuck with a large amount of debt, I have this fancy master's no one cares about, and I can't get the experience I need. I'm really at a loss of what to do.
Secretary or administrative assistant is still the most common job for U.S. women, just as it was in 1950.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.37%||4.31%|
|15 yr fixed||3.40%||3.32%|
|30 yr refi||4.38%||4.31%|
|15 yr refi||3.39%||3.32%|
Today's featured rates: