The worst part of this story? It’s not like there are tons of jobs waiting for these students once they get their degrees.

College Fix editor Nathan Harden reports.

Obama’s Kids: More Grad Students Turn to Food Stamps

While young voters overwhelmingly supported president Obama’s reelection in 2012. Voters age 18 to 29 supported Obama over challenger Mitt Romney 60% to 36%.

Obama promised voters he would create millions of new jobs–while simultaneously slashing the federal budget deficit.

Now a little more than a year later, Obama’s spending sprees have kept the deficit at $680 billion–with a “B”. That’s down from the $1.1 trillion with a “T” from last year, but still more than 50% higher than the $455 billion deficit of 2008–the year Obama was first elected.

Even more worrying is the fall of the U.S. labor participation rate to a new 35-year low of 62.8%. That means 37% of Americans aren’t working or even seeking work–a fact that explains why the official unemployment rate has continued to fall despite the fact that monthly job creation number have continued to fall short of expectations.

In keeping with this national trend of indebtedness and joblessness, millions of grad students and recent grad students find themselves today in dismal economic circumstances. Very few of them, it seems, can find meaningful work in their fields of study.

The Christian Science Monitor reports that 5% of households on food stamps are headed by college graduates.

Meanwhile, a recent news report out of the University of North Carolina, bemoans the plight of the school’s grad students–many of whom now rely on government welfare assistance in order to live. Increasingly, students are applying for food stamps even while they are still enrolled in degree programs.

One UNC PhD student, Releta Summers, said she wound up homeless last semester–sleeping in her car and living off food stamps: “From the outside looking in, most people wouldn’t believe me if I told them I receive benefits,” Summers said. “I still get up every day, and I comb my hair and put on real clothes and go into my office.”