University To Guarantee All Students A Job Upon Graduation

Almost half of working college graduates in 2010 held jobs that didn't require a college degree, according to a recent study. This bleak reality has prompted some schools to desperately defend their worthiness, avoid the issue altogether, or completely lie about their post-graduate employment rates. But one school is taking a different tack: guaranteeing their students a job.

Davenport University, a private university with 11 campuses in Michigan, and a focus on business, health and technology, plans to offer a contract to students, reports news website MLive.com, pledging that if they do not find a job in their major after graduation, they are entitled to more education and training at Davenport free of charge. Undergraduate tuition is $15,840 a year.