Guest Post: How to Become Recession Proof

photo © 2009 Jussi | more info (via: Wylio)

Guest post by Lindsey

As the current US economy continues to flounder and the job market remains unstable at best, more and more American citizens are deciding to revamp their skills and expertise by going to school. Today, more-so than ever, higher education is providing a foundation for a better occupational future, secure financial prospects, and forming a resilient partition against the current and any future recessions. There is a long and beneficial list of motivations to attend college. Here are just a few.

A Degree May Increase Earning Ability and Job Security

Getting a degree from a higher education institution is hugely beneficial. Not only does it enhance the ability to obtain a lucrative job, but it gives prospective students the abilities, knowledge and esteem to promote better innovations, a more effective workforce and an unyielding American economy. A degree seriously increases the pay scale for a graduating student and increases the chance for future occupational advances.

College is More Affordable than Ever

Many would-be students worry about the rising cost of college and university tuition. While it is true that higher education costs have augmented, there are a plethora of grants, scholarships, student loans, and other private agencies that offer students financial aid. This is also true for online colleges and universities. The Department of Education offers many resources and ideas to help pay for school. This is true for traditional college, university, and  online school. In addition to the Federal Pell Grant and student loans, many states offer many grants and scholarships to help students pay for their courses. Course books have also gotten cheaper. Now, instead of simply having to purchase expensive text books from the school store, students have many other options. There are websites that offer to rent textbooks, and many online stores have used textbooks for sale.

Establishing Your Own Schedule

Time is another issue that many potential college students worry about. Online school is increasingly popular. While many online schools exist solely in a World Wide Web atmosphere, traditional colleges and universities are also jumping on the bandwagon and offering a variety of internet courses. This form of schooling enables many time-strapped students the ability to reach their educational goals in a manner that corresponds with their individual time schedules. Working mothers and fathers and others with full-time jobs are able to set their own class schedules and obtain a degree that will boost earning ability and secure the job of their dreams. Online colleges have become highly regarded and reputable places to obtain a degree and they give students the flexibility to set and maintain their individual schedules.

Lindsey is an author at eatbreatheblog.com and loves to learn about money management and living green. She contributes to many blogs and loves writing.

Are you interested in guest posting on Family Friendly Frugality? Please email me heather @ familyfriendlyfrugality.com

Published by

Heather

Heather is the creator and owner of Family Friendly Frugality. She calls Texas home and is married to her best friend. With 2 children 22 months apart, she has her hands full. So full that she decided to start blogging as a hobby. That hobby blew up into a full time job. Now she's got the husband, the kids and the blog. We're not exactly sure what she was thinking, but she's too busy for us to ask. Find Me On Google + View all posts by Heather

2 thoughts on “Guest Post: How to Become Recession Proof”

  1. I’m going to have to respectfully disagree on the advertisement of a proprietary school as being a frugal option. $26k for an associates degree is far from affordable. I’ll use Los Angeles City College as an example since it’s the largest CC in the nation. Figures are based on 2010 data from http://www.collegeboard.com.

    resident tuition = $26/hr
    non-resident = $212/hr

    Assuming 60 hours for an AA, you’re looking at $1,560 as a resident and $12, 270 for a non-resident, less than half the cost of the proprietary school linked in the article. Max federal financial loans for a self-supporting freshman = $9,500, max Pell Grant = $5,550. If you are hoping to use aid to cover both tuition and living expenses, you’re going to fall short at a for-profit school (unless you are receiving other aid).

    You also run into issues when hoping to transfer your credits from a for-profit school to a traditional public or private institution; most likely a majority hours won’t transfer and you’ll be starting all over.

    The loan default rate of students graduating from for-profit schools is also much greater than traditional public or private institutions. See information on gainful employment legislation that is currently being amended for more details. http://www.insidehighered.com/news/2011/06/03/list_looking_at_gainful_employment_changes

    also see

    http://www.huffingtonpost.com/2011/06/07/for-profit-colleges-statistics-federal-dollars_n_872834.html

    For profit institutions may be the right choice for some, but to call it affordable just isn’t the case. Many community colleges and four year colleges now offer great online programs that are both affordable and offer flexibility non-traditional students look for.

    Sorry/end rant/subject I take very seriously

    1. Sara, thanks so much for your response! I honestly know very little about these schools. I hope Lindsey will stop by and respond to your comment.

      I personally went to a community college and it was pretty affordable.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.