How did that work out for Bill Gates and Mark Zuckerberg?<p>Anyway, it's a drag at any level of education to not have a job, but there are plenty of unemployed people even with postgraduate degrees. More worrisome, perhaps, is that degrees are not good proxies for good performance on the job,<p><a href="http://news.ycombinator.com/item?id=4165474" rel="nofollow">http://news.ycombinator.com/item?id=4165474</a><p>so instead any smart employer newly hiring a job applicant will be giving that job applicant a work-sample test. It's possible for young people with a computer science degree to fail to get past a coding test for a programming job, so even some of the most desired college degrees are not a guarantee of employment.