After Graduation? More Education.

Memphis, TN – During a commencement ceremony in a courtyard ringed by rhododendrons, trees, and family and friends in bleachers, Rhodes College President Bill Troutt said the class of 2010 had, "As much promise as any."

But what about the promise of the job-market they are graduating into? In April the unemployment rate edged up to 9.9 percent making this one of the worst job markets since WWII.

Degree candidates walk from one side of the stage to the other, they're handed their diploma and hooded. Then with a turn of the tassel they're graduates. It's a moment to be savored, treasured. They take a picture and walk off the stage.

Many of them will be back.

"The best thing going is being in school. So I am going back," said Simone Simmons.

Brittany Moore is still wearing her cap and gown. She's trying too cool off in the shade of a tree. But the economic climate chills her.

"It's a scary thing for everyone right now," Moore said. "I actually finished in December and, you know, I've been having a hard time finding a job."

Brittany Moore got her degree in urban studies. Now she's looking at graduate school.

"I'm just waiting to hear back," Moore said.

Uncertain economic times make for uncertain--but more educated--graduates.