My mom and pretty much everyone else I know in higher education (my mom is a college librarian) tell me that college enrollment is up. With the recession the way it is, many people are going back to school to improve their education or learn a new trade.
If you decide to go back to school, you will need to think about what path you want to take. For instance, do you want to become a full-time student in a bachelor's, master's or PhD progrm? If so, you might be able to live on campus with your tuition and dorm expenses paid by a scholarship or grant.
Another option is to go through an accelerated program or get a license in something that will take less time, so that you are out and ready to start working as the economy recovers. A good example is FHA training or mortgage broker licensing. The housing market is expected to recover before the rest of the economy, since it caved in before the rest of the economy, so a job in the industry will enable you to earn a living while other industries, such as the stock market and banking industries, are still struggling.
You may also want to consider the value of community colleges, such as the one where my mom works. The cost of classes at these schools is pretty affordable, and they offer a wide variety of associate's degree programs, certificate programs, and licensing programs, as well as the ability to take the first two years of your bachelor's degree there at a much lower cost.
Whatever you decide to do about your education, just know that you are not alone right now in wanting to go back to school. A lot of people are dealing with the recession in exactly the same way — by preparing for when the economy gets better!
Sunday, June 14, 2009
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