Tuesday, March 16, 2010

People going back to school during job crisis.

Due to the faltering economy, many people are strongly considering to go back to school in order to achieve prosperity in the job market. A lot are going into professional schools like Law or Medicine. Some are finding new degrees all together and going with degrees related to the jobs popular now. However, many are not considering the drawbacks that come with going back to school and completing it as well. First off, many think that when they go back to school and earn another degree, like a master's degree or a doctorate degree, they think that they will immediately find a job. That is not the case, since a lot of people are having the same ideas, the job market will actually get worse for people who obtain new degrees since there will be an overwhelming demand for such jobs.

According to the article, many people are not, however pursuing mainstream degrees such as a master's or first professional. Instead, those who lack a college degree are instead going to two year schools, hoping to find a good associate's degree in order to get a good job. Unfortunately, many lack the knowledge, that they probably won't find a job right away, and going back to such schools cost money, that financial aid may not even cover. Furthermore, such jobs may not even be available in a few years because of the changing job market.

The government is noticing the increasing cost of education that is going with the faltering economy. They are providing programs to people, some even free of charge so that they can better themselves education wise. Moreover, they are also funding career exploration seminars that could help people pursue careers that they think they have a chance at exceeding in. With these approaches, a lot of people could go back to school and get back on their feet, possibly even find a job.

I like that people are considering to go back to school, even people who haven't lost their jobs yet, but fear they may are even going back to school to earn a degree in hopes that it will secure their job. However, I think that people should try to focus on getting good degrees that they have a connection to and that they think they may have a chance at succeeding in. I did read that some for-profit schools that solely offer vocational training, are starting to con people into enrolling at their colleges by saying that they can easily find a job. Furthermore, some people are instead finding themselves in more debt when they don't find a job and have to pay back tuition costs that financial aid will not cover. I don't think that is a good idea. I did read that a lot of people are pursuing full college degrees, master's, and professional degrees as well. I think that people will find these endeavors very rewarding for the future. Education is the key to success.

http://www.nytimes.com/2010/03/14/business/14schools.html?adxnnl=1&ref=business&src=me&pagewanted=2&adxnnlx=1268762475-QlVeq/0R0qRrQxSuOZ/c7Q

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