July 7, 2010 Finance General 0

Karl’s comments are italicized.  I have to agree this kid is voluntarily unemployed.

The daily routine seldom varied. Mr. Nicholson, 24, a graduate of Colgate University, winner of a dean’s award for academic excellence, spent his mornings searching corporate Web sites for suitable job openings. When he found one, he mailed off a résumé and cover letter — four or five a week, week after week.

A bit late, no?  Graduate eh?  Don’t you usually look for a job before you graduate?  Well, yes.  You’d think that someone with a degree would, after a large number of trials, change his strategy somewhat.

Over the last five months, only one job materialized. After several interviews, the Hanover Insurance Group in nearby Worcester offered to hire him as an associate claims adjuster, at $40,000 a year. But even before the formal offer, Mr. Nicholson had decided not to take the job.


Rather than waste early years in dead-end work, he reasoned, he would hold out for a corporate position that would draw on his college training and put him, as he sees it, on the bottom rungs of a career ladder.

Waste, eh?  Waste?

How is earning a living – you know, something you’re supposed to do somewhere around your 18th birthday, “waste”?

Is it nice that one’s parents will fund your mealy-mouthed existence into what appears to be perpetuity?  Well, yes.  But do you have a right to expect such a thing?  Well, no.

And while $40,000 might seem “beneath” a college grad, it is nearly double what my first “real” (that is, W-2) job earned – as a programmer.  That offer was $18,000, and I took it.

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