HIGHER EDUCATION BUBBLE UPDATE, EUROPEAN EDITION: Educated with a dead-beat job – the unseen legacy of Europe’s crisis.

As the first anniversary of her graduation in eco-tourism and cultural history approaches, Linnea Borjars remains jobless and frustrated.

After finishing her studies at Sweden’s Linkoping University, the 25-year-old accepted an unpaid, part-time position at Fair Travel, a non-profit group focused on human rights and tourism, hoping it would lead to a full-time job and a salary.

But no such luck. . . . Borjars has filed an application for graduate school, but remains ambivalent about its usefulness.

“It’s a dilemma – you rack up more college credits, but that doesn’t necessarily make you more employable,” she said.

It’s doubtful that anything other than a bubble economy can provide full employment for graduates in “eco-tourism and cultural history.” It’s certain that a burst-bubble economy cannot.