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MiddleclassdreamfadesforChinawhitecollarworkers(Reuters)-ShanghainativeWuXiaodonghasasolidjobasahumanresourcesupervisorinatechnologycompanyandearnsaround4000yuan($600)amonth.Butheisstillsingleat28andliveswithhisparents."Atthisage,thingswewouldbelookingatwouldbemarriageandchildren,"hesaid,addingthatheisdauntedbythecostsofanapartment,awedding,educationforhisfuturechildrenandthepriceofmedicalcareashisparentsage.Auniversitydegreehaslongbeenseenasaticketawayfrompoverty,butChina'sversionofthe"middleclassdream"isfastfadingasgraduatejobseekersarefacedwiththestarkrealityofhighlivingcosts,lowwagesanddimcareerprospects.ThecompetitionforwhitecollarjobsisheatingupascompaniesinChina'stop-tiercitiessuchasShanghailookfortalentamonganever-wideningpoolofmorethan6milliongraduatejobseekerseveryyear.UniversityeducationhasbeenakeytoChina'saimtocreateabroadurbantierofmiddleclassfamilieswith"well-offcharacteristics"nationwide.Thecountrybeganexpandinguniversityenrollmentin1996tomeetgrowingpersonneldemandsasChina'seconomyboomed,leadingtoasurgeofgraduates.Butsignsofeconomictroublehaveputadditionalfinancialpressureoncompaniesalreadystrugglingwiththeaftereffectsoftheglobalfinancialcrisis,keepingwagestight.China'sinflationsoaredpastforecaststoa28-monthhighinNovemberandshowedsignsofspreadingbeyondfoodprices,puttingpressureonthegovernmenttotightenmonetarypolicy.ArecentstudybyatopChineselaboreconomistshowedthatChina'suniversitygraduatesonaverageearnedonly300yuan($44)morethanabluecollarmigrantworkerpermonth,settingoffhotdebateontheworthofauniversityeducation."Duringmyfather'sgeneration,universityeducationproducedtheelite,"said24-year-oldZhuFeng,apost-graduatestudentataShanghaijobfair."Buttoday,universitygraduatesareeverywhere,andtherearealsomanypeoplewithmastersanddoctorates.Sotheworthofadegreeisverymuchdevalued."Asaresult,thousandsofuniversitygraduatescrowdjobfairsinShanghaiateveryopportunity,hopingtofindastartingpointfortheirwhitecollarcareer.Jobseekersdoquickface-to-faceinterviewswith
