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For fresh graduates, saddled with student loans, the outlook is bleak in a different way.
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Every year recent immigrants and fresh graduates gather on the lowest income levels eager to ride the American escalator to higher prosperity.
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They are also producing professional-services firms such as Tata Consulting Services and Infosys that take fresh graduates and turn them into world-class computer programmers and consultants.
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American law firms typically get fresh law graduates to do such grunt work and then bill clients for it at steep rates.
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Rather than poach from rivals, the Muktadirs sought out fresh pharmacy graduates.
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Instead of putting in a decade or more to learn a market, accumulate a significant bootstrapping warchest and a good hand of unfair advantages to play with, we now find fresh college graduates jumping straight into the entrepreneurship path.
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While traditional MBA courses are open to graduates fresh from a bachelor degree course, EMBAs are not.
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During the downturn some firms pared associate ranks through layoffs and by delaying start dates for fresh law-school graduates.
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When the job market finally does recover, the unemployed and underemployed young people of today will have to compete with a fresh crop of recent college graduates.
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Of the 36 graduates, 83% have lured fresh capital.
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Instead, BGI employs many former BGI students (graduates) as new faculty and this severely limits the influx of fresh ideas in the classroom.
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Hiring highly skilled workers, like the Indian and Chinese graduates who flock to America, might be a better bet because it would introduce fresh ideas.
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