The Price of Continuing Your Education
It is no secret that the current state of the economy is impacting people all across the board. Those that are lucky enough to be employed often struggle to make ends meet, and worry about job security. However, they consider themselves lucky when compared to the 12 million people currently unemployed in the United States. As a prospective college student it can be overwhelming to choose a college and a field of study; add in the instability of the job market and it seems almost impossible to make the right choice.
A traditional choice among high school students is to attend a four year university. This is a viable option for some, but more often than not leaves a young graduate saddled with loan debt or unable to finish altogether. This is no surprise considering the rising cost of tuition. Time and time again we hear talk of increasing energy and healthcare costs, but the reality is education costs are escalating at a much faster rate. Due to this, many are exploring other options for post-secondary education, such as vocational or career training.
Increased Tuition Costs
Considering specific career training, like the programs offered at Los Angeles ORT, could very well be the best option in the current economic climate. The Bureau of Labor Statistics recently reported that almost 50% of the job openings, over the next two years, will be made up of “middle-skill jobs”; positions that require considerable education but not a bachelor’s degree. In fact, employment requiring an associate’s degree is predicted to increase by 19%, faster than any other occupational category.
Another factor to take into consideration is the vast difference between for-profit and non-profit educational institutions. Many colleges are for-profit and therefore much more expensive than a non-profit college like Los Angeles ORT. More importantly, students who attended for-profit facilities were significantly less satisfied with their education, had lower rated success and a greater amount of debt. These are all factors to keep in mind when deciding on the college that is right for you.
Non-Profit College vs. For-Profit College
According to these statistics, it would appear that career training is an excellent choice for prospective students. In the end, the overall cost is cheaper when compared to a four-year institution, and the likelihood of landing a job is significantly greater! Not to mention the fact that vocational students will be in the field 2-3 years before their bachelor degree counterparts, giving them yet another advantage. For anyone who has been unsure about the benefits of career training, it is clear the impact it could have on your future!
If you would like to know how to maximize your potential in the current employment market, contact one of the Admission Advisors at Los Angeles ORT College to match your interest to an exciting program that would secure your future.