Growing number of new grads shun Wall Street, opt for nonprofit and government jobs

As President Barack Obama urges young people to make a difference in the world and the recession crimps opportunities, new graduates are pursuing public-interest careers, according to a recent Bloomberg News article.

Nationally, 27 percent of about 1.6 million graduating seniors plan to work for nonprofit groups or governments, an increase from 23 percent in 2008, according to a survey of 14,225 U.S. college students conducted by the National Association of Colleges and Employers, in Bethlehem, Pa.

“There’s a generational shift toward increasing interest and concern into how to help make the world a better place,” Amherst College President Anthony Marx said. “I hear students saying, ‘We want to make a difference and we’re not going to feel quite right about ourselves if we don’t do that.’ ”

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