In mid-May, my older son graduated from the University of Minnesota with a B.S. in astrophysics. The next day, his older sister received a master in music performance and harp literature from the University of Illinois. These two universities granted almost 25,000 degrees this spring. With 10,000 boomers retiring everyday for the next twenty years, these 25,000 new graduates will only replace two and a half days of retirees.
Forty years ago, I graduated from George Peabody College for Teachers with a B.A. in, and a desire to be a professor of, geography. While I indeed enjoyed that role on a limited basis at two universities, geography has never been my main avenue of income. I am continually amazed at the opportunities for work that I created or that came my way.
I hope my children find the economy in their working years as kind to creativity and persistence as I have found in mine.