Are you planning for a post-college career?

As employers slash hiring plans, the job outlook for new college graduates is looking bleaker than ever -- at a time when the number of college grads is near its peak. The signs on college campuses are obvious: dejected students with little in the way of enticing prospects, and increased interest in low-paying, high karma positions like Teach For America.

But the ultimate sign of just how bad the economy has gotten presented itself in a flyer produced by the US Air Force R.O.T.C., advertising an upcoming open house at the University of Massachusetts, Amherst. I found it on a table in the dining hall, and here's the opening line:

Are you a freshman or sophomore planing for a career after graduation?