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The Current Recession: A good time for grad school?

Written By: Jason Shafrin - Mar• 03•09

Penelope Trunk doesn’t believe in grad school.

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2 Comments

  1. Lynn M says:

    On one hand, I’d like to point out to Penelope that statistics show that the more education you have, the less chance you’ll be unemployed and, of course, the better you’ll be paid. See this chart from the U.S. Bureau of Labor Statistics. However, going to grad school or staying in college to avoid the job market during this recession could lead to a bigger problem and that is taking on debt when jobs may still be hard to find after the additional schooling. I agree with her that on-the-job education is really the most useful. You learn much more working than you do getting educated TO work. The only problem there is that when you are looking for a job degrees speak for themselves on a resume when previous work experience takes more time to decipher. The article is definitely a worthwhile read. Thanks, Penelope.

  2. Lynn M says:

    On one hand, I’d like to point out to Penelope that statistics show that the more education you have, the less chance you’ll be unemployed and, of course, the better you’ll be paid. See this chart from the U.S. Bureau of Labor Statistics. However, going to grad school or staying in college to avoid the job market during this recession could lead to a bigger problem and that is taking on debt when jobs may still be hard to find after the additional schooling. I agree with her that on-the-job education is really the most useful. You learn much more working than you do getting educated TO work. The only problem there is that when you are looking for a job degrees speak for themselves on a resume when previous work experience takes more time to decipher. The article is definitely a worthwhile read. Thanks, Penelope.

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