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Graduates of the University of Alabama's class of 2011. The economic downturn has hit recent college grads hard. New data show only half of those who graduated from 2006 to 2011 are working full time.

Graduates of the University of Alabama's class of 2011. The economic downturn has hit recent college grads hard. New data show only half of those who graduated from 2006 to 2011 are working full time.

View caption Butch Dill/AP

College Grads Struggle To Gain Financial Footing

A new Rutgers University survey finds just half of those who graduated from college between 2006 and 2011 are working full time. Burdened by student loan debt, and with wages depressed even for those with jobs, many say they no longer believe that education and hard work will necessarily lead to success.

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