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Study: Nearly half are overqualified for their jobs

Published: Monday, Jan. 28 2013 3:00 p.m. MST

Nearly half of working Americans with college degrees are in jobs for which they're overqualified, a new study out Monday suggests.

Brian Nicholson, Deseret News

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Our take: A recent study found that nearly half of college graduates are overqualified for their jobs. Mary Beth Marklein from USA Today writes about the implications of this study:

"Nearly half of working Americans with college degrees are in jobs for which they're overqualified, a new study out Monday suggests.

The study, released by the non-profit Center for College Affordability and Productivity, says the trend is likely to continue for newly minted college graduates over the next decade.

"'It is almost the new normal,' says lead author Richard Vedder, an Ohio University economist and founder of the center, based in Washington.

"Vedder, whose study is based on 2010 Labor Department data, says the problem is the stock of college graduates in the workforce (41.7 million) in 2010 was larger than the number of jobs requiring a college degree (28.6 million)"

Read more about overqualified workers and this study on USA Today.

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