What is the problem with college career centers?

According to technology platform, Vocate, there are more than 20M college students in America. Student debt is skyrocketing. The average borrower has $37k in debt and that number is growing 6 percent each year. 11 percent of borrowers are currently in default.

Even worse, nearly 80 percent of students graduate without a job, says Vocate. Fewer than 5 percent receive jobs through campus centers.

"Colleges have too many students and are connected with too few jobs to land positions for all of them. Furthermore, their career centers often have misaligned incentives," notes the...

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