http://finance.yahoo.com/news/the-jobless-class-of-2012.html
"But faced with competition from older workers, young professionals are accepting jobs for less money. College graduates who obtained their first job between 2009 and 2011 earned $27,000 a year or 10% less than those who entered the workforce in the two previous years, the Rutgers survey found. Van Horn says many of this year’s graduates lucky enough to find employment will be disappointed with their salary. "
Less jobs and less money? How again is the housing market going to rebound?
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StoutFiles says
Ninja loans.
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If these kids don't know how to lie on a mortgage application like normal American consumers there is no hope for them.