By Heather GrahamWhen a student graduates with a bachelor's degree, it is generally known that it equates a great deal of student debt. Rising financial costs of education and its affect on student debt have been discussed ad nauseam by Governments, the Private Sector, and the University Institution itself. What is not often considered or discussed are the social costs of the diminishing value of an undergraduate degree. Today's Generation Y is the highest educated, lowest employed generation to graduate after having accrued the highest level of student debt. What does this mean for Society?