In July, 2007, Time's Penelope Trunk published an article discussing the work ethic of those of us in Generation Y. The article struck me as true the life, particularly when it comes to Generation Y's motivations to work for a company.
In the face of unemployment, graduate school might make a lot of sense psychologically. It might make perfect sense in terms of personal growth or fulfilling personal dreams. These are not reasons to sneeze at. But does it make sense economically?