College graduation is supposed to be exciting. It is a time when students look forward to the future and finally have the chance to accomplish their goal of getting their dream job.
But it is more often than not a troubling time for students who are struggling to find a job straight out of college. According to the National Center for Education Statistics, an average of 59% of undergraduates actually obtain their bachelor's degree in four years. Private universities like Franklin Pierce often have higher graduation rates among colleges in the U.S.
More than 40% of college graduates take positions out of school that don't require a degree, according to a report given to CNBC by the Strada Institute for the Future of Work and Burning Glass Technologies. In addition, 1 out of every 5 college grads still aren't working a degree-demanding job a decade after school.