Five Reasons to Attend College During the Economic Crisis
1. Potential students need to understand that Federal support is not the only financial aid available. There are other means for financial support for students throughout their college experiences including support from their state as well.
2. In March 2009, psychologists discovered that attending college during a recession or during an economic depression enables improved physical health for both young and middle-aged students.
3. From Obama’s speech on February 24, 2009:
“And so tonight, I ask every American to commit to at least one year or more of higher education or career training. This can be community college or a four-year school, vocational training or an apprenticeship. But whatever the training may be, every American will need to get more than a high school diploma. And dropping out of high school is no longer an option. It’s not just quitting on yourself, it’s quitting on your country—and this country needs and values the talents of every American. That is why we will provide the support necessary for you to complete college and meet a new goal: by 2020, America will once again have the highest proportion of college graduates in the world.”
4. Although the inspirational speech on why higher education supports the US during our economic hardship, further support can be provided by analyzing the loans that certainly boost the enthusiasm of prospective university students.
5. It is believed that the past two recessions affected university students at an equal level as high school graduates, if not making more university graduates unemployed than high school students who decide to not continue into postsecondary education. Although this information rang true in 2004, in March 2009 the New York Times reported: “this [recession] is causing much more job loss among the less educated than among college graduates. Those earlier recessions introduced the country to the concept of mass white-collar layoffs. The brunt of the layoffs in this recession is falling on construction workers, hotel workers, retail workers, and others without a four-year degree.”
