is it good to go to school during a recession

That’s because, in the absence of good job opportunities, lots of people decide to wait out the tough times in school.

Some young adults have been forced to upgrade their skills by their company. Through its No Worker Left Behind program, Michigan, which posted the country's highest jobless rate -- 14.1 percent -- in May 2009, offers unemployed and underemployed adults up to $5,000 per year for two years of retraining at a community college. To acquire a new skill set, for one, as well as to constructively wait out the economic downturn.

Every service member leaves the military eventually. In the current recession economy, millions of laid-off workers nationwide are also rethinking their career choices, leading many to go back to school. But that doesn’t mean you can’t go to school—it just means you may have to get creative about funding.If you work full-time, consider talking to your employer about a tuition reimbursement program.

Getty. "Whatever it ultimately costs me, the return trip is worthwhile, because I'm learning what I want to learn on my own terms," he says. "If you have a useful skill that can work to your advantage as you seek training for a second career, use it," says Lalley, who blogs about her experiences at flourgrrrl.blogspot.com.

If you can afford it, or if you receive a full scholarship, then by all means go for it.

To acquire a new skill set, for one, as well as to constructively wait out the economic downturn. And the 20-plus years you've spent in uniform mean you have a highly sought-after skill set in the civilian world. No, we’re not advocating giving up on your career—but we do suggest boosting your skills to give yourself a better edge in the job market.

Here’s why.Going back to school full-time can be a difficult decision for some students, because—unless you’re going back to school for an But even for those lucky enough to have a job, wages in this economy are stagnating.

Still, Villano had to borrow money from his parents. Get your degree now, and you’ll be poised to participate fully in a knowledge-based economy as a highly valued worker.Going back to school during a time of economic recession may be a strong choice. All rights reserved.

contest have...Online fundraising websites like Kickstarter are revolutionizing the way startups get funded.

It's a good idea to do some research on what a graduate degree program will actually cost you versus the fiscal benefits it can offer in the future. Should I go back to college? If not, present your case to your boss—and you might be able to get your tuition payments reduced or eliminated.It’s never an easy choice for a full-time worker to go back to school.

Going back to school during a time of economic recession may be a strong choice. Work experience can also be helpful if you later choose to earn a graduate degree. © Copyright 2020 Military.com. To acquire a new skill set, for one, as well as to constructively wait out the economic downturn.

"At a time like this, with the economy doing badly just about everywhere, any money you can reinvest in your own skill development is going to be money well-spent.

But if you've been in for more than one tour, your life is about to change substantially.

"Numbers reflect this trend.

Students are feeling the far reaching effects of the downturn with some having to stay in school longer instead of applying for a job.

Grad school requires time off work, consumes a great deal of time and can cost tens of thousands of dollars.

Before enrolling in one...The listings below may include sponsored content but are popular choices among our users. "It's never too late to learn something new," says Marci Alboher, author of One Person/Multiple Careers: A New Model for Work/Life Success. Graduate degree holders with little or no work experience may be seen by employers as over-qualified for entry-level positions, but too inexperienced for advanced positions. Smart, educated people are losing their jobs all over the country and are having difficulties finding a new job. But if you've been in for more than one tour, your life is about to change substantially. If you don't know what career you are going to pursue, or if your chosen field doesn't require a graduate degree, putting off grad school to acquire some real-world work experience can be quite valuable. However, if you need to take out student loans to pay for it, you should only do so if you are clear about your professional path and a master's or doctoral degree is required. "Just because your old job isn't necessarily relevant to the new one doesn't mean you can't leverage that experience to get ahead. But inventors and entrepreneurs...Recently Study.com documented a few of the financial issues currently troubling institutions of higher learning.

For example, if you know that you want to be a psychologist, which requires at least a master's degree before you can begin practicing, then going to grad school makes sense. The $787 billion stimulus bill signed in February 2009 by President Obama includes $1.7 billion for adult employment services, including training.Many state budgets include similar funding. Their application pool goes up because people see them as safe shelter from the storm. It costs tuition, the loss of the work experience you would have gotten, and the loss of the income you would have earned. Graduate with your new degree in hand, and you’re likely to be more marketable in the new economy.Sign up to our newsletter and get the latest updates!Jennifer worked as a GED teacher for an adult education nonprofit for two years. By signing up, you agree to our Privacy Notice.

For more newsletters, check out our There are several paths to success if you're getting out or thinking about getting out of the military after just one tour.

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