Trust me, this isn’t some sob story from yours truly, as I know it affects countless others in my age bracket. Some are probably reading these exact words right now. In my room are two degrees, both a Bachelor’s and Master’s. And truth be told, I glance at them every couple of days and wonder if they were the biggest wastes of money I’ve ever spent in life.
The reality of the situation is, per the Bureau of Labor Statistics, “more than 50 percent of recent college graduates are unemployed or underemployed.” Many places desire unpaid labor and applying for gigs online is – for a more appropriate term because my grandma may come across this – a waste of time if there ever was one.
So, with that said, it is great to hear Nas is investing not only money, but more importantly time into helping rectify the epidemic in his own way. The man who birthed Illmatic and his investment company, Queensbridge Venture Partners, will stand alongside newly minted educational company Koru helping college graduates navigate the murky and stressful transition from college to the career world.
“I know how hard it can be to carve out your path and purpose in life,” says Nas in a statement announcing the partnership. “The young people going through Koru are gritty, book smart and street smart. The program gives them an opportunity to put those smarts to work. I can’t wait to work directly with them and share what I’ve learned through my own life experiences.”
The Nas affiliation is the latest step in the expansion of Koru’s employer-embedded, month-long training programs. Launched last October by co-founder/COO Kristen Hamilton and co-founder/chief learning officer Josh Jarrett, Seattle-based Koru is working in tandem with such high-growth companies as zulily, Payscale and REI. Among Koru’s 13 founding college partners in the enterprise are Bates, Pomona, Brown, USC and Georgetown.
The Nas Scholarship Fund confirms financial aid assistance to selected students, and even more of a selling point, will have Esco as a their “real-world coach.” All jokes aside from hoping Nas’ career advice is better than his ear for beats, all respect in the world and then some for buddy taking a stand on an issue affecting millions of young people nationwide.
Perhaps the main concern I have, however, is wondering if a “month-long” training program is enough to help with the transition. Having said that, the first installment begins next month in Seattle as well as the July session with San Francisco expected to launch by September.