Going Back to School
How to make the right decision that will help you ride out the recession.
Many people are considering going back to school so as to ride out the recession and develop themselves so as to earn a better pay. While this is a noble idea if you do it wrong it can saddle you with even more debt. It is said that education loans form good debt but missteps can qualify it as bad debt and weigh you down for longer.
More and more community colleges are offering late night classes from 10.00pm. Think of it as just going for another late night shift. Fortified by lots of coffee you can make strides in the right direction while keeping your day job.
Inasmuch as we desire to have that Ivy League name on your resume it might just kill you getting it. With tuition costs being anywhere from 35,000$ to 50,000$ it is pricey. At a time when people are learning to disregard brand names and branding that name may not but debt to your credit report. The emphasis and value is on hard work and knowledge that you can get at a smaller mid level college that offers you a better student teacher ratio, better learning opportunities that will develop your career.
Look at the course you have selected and make sure it has market even despite the recession. We don’t know how long it will last so you might seek an industry that is still employing.
All the best
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