Should New Graduates Lower Job Expectations?

With China’s ever- expanding enrollment in higher education, most graduates are faced with a tight job market. Once regarded as the social elite, today’s universi- ty students are losing their shine as the num- ber of graduates far exceeds the market demand. There were 2.12 million graduates in 2003, compared with 2.8 million a year later, 3.38 million in 2005 and 4.13 million in 2006. The number is expected to touch 4.95 million by the end of 2007, more than twice that of 2003. Meanwhile, …