Daily Archives: June 30, 2009

This Year, Is Higher Education Worth the Cost?

Summer may be at its peak, but just around the corner, another school year waits. Not just for children to return to class from summer vacation, but for a growing number of people in America, from the unemployed to those with newly minted degrees. 

This year, a rising number of unemployed Americans are returning to school to improve their knowledge and skills in an increasingly tough job market. In fact, many community colleges reporting their largest enrollment spikes ever attribute the increase to the need to meet the demands of a highly competitive job market.

To cope with the monetary strain of higher education, many high school graduates are simply opting for a low tuition option such as in-state or community colleges, rather than ivy league, gold sticker institutions.

Many new college grads, who faced a dreary job outlook upon their recent graduation, are opting to go straight into grad school, fearing uncertain immediate employment future. In fact, the National Association of Colleges and Employers reported that 26% of new grads planned to go on to graduate school, up from 24% in 2008 and 20% in 2007.

So, with all this emphasis on going back to school, we want to know what you think. Is it worth it to get a college or graduate degree in this recession? Let us know by voting in our poll below.

 
Are you struggling with the decision of whether or not to enroll in higher education? Looking to increase your skills, or hoping a degree will help you earn a higher paycheck? Share your thoughts on higher education in our comments section.