Huffington Magazine Issue 71 | Page 54

LOST GENERATION HUFFINGTON 10.20.13 SINCE GRADUATING IN JUNE, SHE HAS APPLIED FOR SOME 75 JOBS PER WEEK, SHE SAYS, WHILE RECEIVING A DISHEARTENING NUMBER OF RESPONSES: ZERO. market. She now works between 20 and 40 hours a week. With food stamps and paychecks, she gets by, but she can’t look ahead. So many of her friends face the same predicament, she says. They’ve all begun to question the basic premise that a college degree is the gateway to a middle-class life. “For a lot of my peers, it’s just become the norm,” she says. “You have this mind-boggling amount of debt, not really knowing how or when you’re going to pay it off. You just anticipate that it’s this debt you’re going to have for the rest of your life.” NO LIFE PLAN Across a continent and an ocean, Thomas Palot sums up his own reality using similar words. “I get by,” he says. “I have no choice.” What once seemed a reasonable aspiration now seems like a moon shot: He wants a job as a computer technician, one that matches his qualifications and pays per- haps as much as 1,500 euros after taxes each month. Back when he was nearing the end of his studies, “I never imagined it would be so hard,” he says. “But when I saw the economic situation deteriorate, I immediately understood it was going to be difficult.” To make ends meet, Palot takes assignments from temporary employment agencies. One day, he distributes flyers. The next, he lifts boxes. He lives on 580 euros per month, 300 of which goes to pay his rent. As in much of the developed world, in France a degree is supposed to provide some insurance against hard times. To a considerable extent, it has. The unemployment rate among French workers under 25 is just below 25 percent, according to the government; among young workers with Palot’s credentials — a high school baccalaureate diploma plus two years of further study — about 10 percent are unemployed. But those figures come as no consolation to those struggling to find work. Despite his degree, and