Not every liberal arts grad is working as a barista
NEW YORK (CNNMoney) -- Far fewer college grads are destined to be serving coffee and flipping burgers than you might think. While some politicians warn that liberal arts majors are headed straight for a career as a barista, that's closer to myth than reality, according to two economists at the Federal Reserve Bank of New York. They found that about 9% of all recent grads landed in low-skilled, low-paying jobs like waiters, cashiers, bartenders, cooks and baristas.