With the financial sector crisis in full swing and Wall Street in a panic, college students are already feeling the effects. And the effects feel a lot like unemployment.
 

Students like Emory business school's Tyler Garell can only stand by while their job offers disappear before their eyes. Garell had a full-time job offer from Lehman Brothers after an internship last summer, but now that the company’s filed Chapter 11 bankruptcy, he’s back to the drawing board. Other interns told U.S. News that while they were at Lehman the mood was gloomy, but no one knew quite how deep the troubles ran.
 

The Emory senior explains the situation to the Emory Wheel:

Garell said Lehman’s demise was surprising because most people were expecting a buyout deal with Barcays or Bank of America. Though Lehman’s shares have been spiraling downward since last summer, he said, the urgency of the situation did not hit him until about two weeks ago. But even throughout a good portion of the weekend, most people were not expecting Lehman to end up in the predicament it is in now, he said.

Now, instead, students (not to mention tons and tons of actual employees with mortgages, families and real lives) are looking to pick up the pieces of the mangled futures. Still, Garrell is staying positive:

“Sometimes you get dealt bad cards, but I’m not panicking,” Garell said.

Dealing cards, hmm? That could be a good back-up. No matter how bad the economy is, there will always be people stupid enough to gamble away their money.