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Bad job market good for schools

on Wednesday,January 21,2009 21:01

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As the economy heads south and unemployment north, many people consider going back to school to beef up their credentials or learn a new trade.

Already last September, Career Builder's Industry Trends Survey reported that 26 percent of workers planned to go back to school for additional training or a higher degree.

Four months later, things are still going in the same direction. Jennifer Kedrowski, director of graduate programs for Kaplan, says that the company has seen a double-digit increase in interest in its graduate school test prep programs in the last three months, according to Daily Toreador, the Texas Tech college newspaper.

Danny Lund, an electronic media and communications major at Texas Tech, decided to enter grad school in the fall. "I think … it's a smart idea to stay in school to best prepare yourself for the job opportunities that will open up once the economy bounces back," he told the newspaper.

Career schools are seeing a particularly high level of interest from prospective students this year.

Max Caldwell, of Towers Perrin's Workforce Effectiveness practice, recommends that prospective students research the industry from the point of view of job prospects before starting a training or degree program, according to CNN Money.

Besides full-time degrees, schools also offer a wide array of less expensive and time consuming programs, including continuing education.
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