#CollegeEducation #colleges #education #investments
“If you are sending (your child) here (prestigious college) to get a job, you are sending them to the wrong place.”
That’s the likely response you would get from the admissions director of a prestigious college if you questioned him or her about a return on your investment, according to Maureen Downey, education columnist for The Atlanta Journal-Constitution.
Downey discussed the return on investment for a college degree in a column published Nov. 16, 2021.
Meanwhile, that same day, cnn.com published an analysis by Ronald Brownstein, a CNN political analyst, that concludes that the infrastructure bill approved in Washington that same week is heavily weighted to create jobs for blue-collar, non-college-educated workers.
What should we make of all this? First, college is not for everyone. Most advisers tell young people that college is the key to getting a good job.
But as Downey’s column points out, it largely depends what a student majors in that will determine his or her post-graduation job prospects, and likely salary.
So, especially if you are planning to go into debt to go to college, think long and hard. Some college majors, mostly in the science, technology, engineering and math fields, may be worth it.
Others, particularly in the liberal arts, may not – presuming you are expecting a dollar return on that investment.
But, if you just want an education, and money is not going to be a concern, then college could be a great learning experience and, perhaps, a fun four years.
If you are not suited to college, and are more suited to a trade, there will be a need for plumbers, electricians, carpenters etc., for the foreseeable future.
If neither of these paths suits you, there are a number of programs out there that could give you a potentially lucrative income, without having specific education, experience or background.
These programs, too, may not be for everyone. But if you have ambition, an open mind and are willing to be coached, they may be a very good alternative.
To learn about one of the best such programs, message me.
Education of any sort is never a bad thing. The more one learns, the more one can grow.
But college is expensive and time-consuming. Four years in college is four years of earning little, if anything. You have to see the payoff – not necessarily financial – at the end.
Remember, too, as Downey points out, in general, the more education you have, the more you are likely to earn, vs. the person with less education.
But getting back a lifetime of great earnings in exchange for going through college may not necessarily happen.
Therefore, careful choice is required. You have to know who you are, and who you want to be, to make such a choice.
The same path does not lead everyone to the same destination. Learn where you not only want to go, but also what best would suit you.
There is a path for everyone. Your path may not be the same as your friend’s. You have to find your own way.
Peter
Tag Archives: cnn.com
MILLIONS QUITTING THEIR JOBS: WHAT WILL THEY DO NEXT?
#AvailableJobs #workers #employment #coronavirus #COVID19 #FlattenTheCurve
A record 4.4 million Americans quit their jobs in September 2021.
So reports Anneken Tappe for CNN Business. Her article appeared on cnn.com Nov. 12, 2021.
She wrote that the Bureau of Labor Statistics reported 10.4 million job openings that month, because of a worker shortage. The number of openings dropped slightly from the 10.6 million openings in August 2021, the article says.
Meanwhile, employers hired 6.5 million people, while they lost, including those who left voluntarily, 6.2 million, the article says.
Earlier, the Associated Press had reported that employers largely were still looking for workers who had previous experience in the work for which they were applying. Speculation had been that workers were applying for jobs which were totally different from the jobs they had held – perhaps paying a lot more money.
The AP article also hinted that employers believe eventually they will regain the leverage in the job market that workers have now.
Still, if you are a worker and your job disappeared during the pandemic, but may be slowly coming back, you have to ask yourself: is the job worth going back to?
As the cooler fall and winter weather creeps in, are you worried that your kids’ school(s) will close for a period because the virus spreads anew?
If your kids had to do school remotely, could you work at the same time? These questions tell us that the virus has not left us, and, perhaps, won’t for a good bit of time – if at all.
Complicating one’s decision to return to a job is the lack of day-care options, or the lack of places a parent could drop off a child to go to school remotely while they work.
Another factor: have you, as a worker, considered all possible job options? You may actually find an employer, desperate for help, willing to train you to do something different. Perhaps that something different would allow you to work remotely, if you had to.
If you are an employer, have you considered offering better pay, training and work/life flexibility to attract more, or better, workers? Are you willing to invest more to keep the good people you have from leaving?
This push-pull of the current labor market is one reason, along with supply-chain disruptions caused by the pandemic, that prices on just about everything are rising.
Despite short-term pain your wallet may feel, if workers ultimately attain workplace leverage and get more pay and better benefits, everyone – yes, employers, too – will benefit.
Of course, if you are not sure what you should do next, but are willing to explore different alternatives, there are programs out there that may intrigue you.
They require no specific education, experience or background. They allow you flexibility to work from home as needed. They merely require an open mind to check them out, and the ability to be coached. You can even do them part time as you work a regular job.
To learn about one of the best such programs, message me.
This labor market is difficult for employers and employees. It’s one of those transition periods from which good things can result. We just have to be patient in the short term.
Also, the more eligible people get vaccinated, the sooner we can keep the pandemic at bay.
So, what will be your next move?
Peter