[ceedan]

Compared to the 90s, I'm sure those years did feel pretty awful, but 2008-2010 were far worse. The global financial crisis caused college graduates to return to school for additional 1-2 year degrees in order to simply defer student loan payments, and avoid the job market. Once they graduated from their masters programs, or additional majors, they were still applying for the same entry level positions.

[Bolwin]

That's exactly what's happening now too