The Economy and Your Education
The economic recession might be hitting your pocketbook pretty hard now-a-days. You might not have that extra $1.29 to SuperSize your combo meal, or maybe you only see movies in the dollar theatre. Anything to increase your cash flow, right?
For many students, education is the answer to an economically successful future.
Elkhart, Indiana knows about dropouts. For the past decade, only 66% of high school students graduated. The majority of these students dropped out in order to get a job and make money. However, in the current recession, when more than five million jobs have been lost, these students are staying in school. They know that by pursuing an education, they will come out better in the long run.
Yamilette Colon, a senior in Elkhart, calls herself a former “bad kid” because she was failing most of her classes and fighting on a regular basis. After vowing to graduate high school, Colon is now an honor student and is set to graduate in May.
Like many students, Colon sees education as the pathway to earning more money. A high school grad has a better chance at getting a job than a dropout; the same is true for college graduates.
Many college seniors who have never considered graduate school are now giving it a second glance. Kristen Cole, a University of Oklahoma student, is one of these students. “I don’t want to graduate into this economy,” she said. “I think it’s better to work on my Master’s degree because it could possibly help me get a better job than just a Bachelor’s degree.”
So what’s the moral of the story, kids? Colon said it best: “[When] it comes down to [it], the longer you stay in school, the more education you get, the more money you make.”