No one is saying to ditch your dreams of going to an Ivy League college to work at a discount super store, but statistically you do have a better shot at Harvard than being employed by Wal-Mart.
Yep, Wal-Mart has a lower acceptance rate than Harvard. So, hit the books ‘cause you won’t be watching for falling prices.
Harvard let in about 8.9-percent of their applicants last year, but when Wal-Mart opened in D.C this year only 600 people made the cut from 23,000 applicants. That's an acceptance rate of 2.6-percent, twice as selective as Harvard.
This isn’t the first time that businesses are harder to get into than colleges. Last year a Wegman's in Pennsylvania boasted an acceptance rate of 5-percent, while Google only has room for one half of one percentof people looking to hang their hat at the mega tech company.
Parents need to start prepping their kids for the job struggle that will hit when they graduate at the same warp speed as preparing them for college admissions. So, yes. The job market is getting harder and harder to break into. But, who are we kidding. If your kid is an Ivy League grad, he probably won’t need a job at Wal-Mart.