Friday, January 27, 2012

FinancialEdge: Blue Collar Can Mean Big Money

One of the curious outcomes of this recent recession and slow recovery may be a rethinking of how Americans view their careers and go about training for them. While attending and graduating from a four-year college has long been billed as the golden ticket to a quality life, there are signs that this may be changing. Although some sort of post-high school training and skill development is very important, it may be the case that blue collar skilled trades should get a second look.


The College Problem
One of the major issues in education today is the growing cost of a four-year college education. Numerous articles and studies have explored how the cost of attending college has not only outstripped inflation, but lapped it many times over in recent decades. This is putting education further and further out of reach for more and more people without resorting to loans, and increasing the student loan debt burden to an almost unsustainable degree.

The full column is here:
http://financialedge.investopedia.com/financial-edge/0112/Blue-Collar-Can-Mean-Green.aspx#axzz1kVInBUch

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