Students hoping to earn a little extra cash on campus this fall will have a tougher time as the number of federally funded work-study college jobs nationwide will drop by 162,000 to 768,000 for the 2010-2011 academic year.That’s distressing news for students when the unemployment rate for young people continues to top 15 percent, and states have been cutting scholarship budgets, says Lindsay McCluskey, vice president of the United States Student Association. “It is a very serious issue,” she says.

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