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College and the Economy in 2016 PaperScholar Study Aids
Guide Last Updated: January 12, 2016
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College and the Economy in 2016

Stock are struggling.  China is reeling.  The global economy is off to a horrid start in 2016.  Experts think that the economy will be on a downtrend for most of the year.  How does this affect my education?  My college ambition?

The oil industry is laying off jobs and other industries will be impacted by this.  Some industries are thriving, like alcohol and gun sales, but if one thing is for certain – it is imperative that you have an edge on your competition via a college degree.
A college education is essential these days in professional fields.  Depending on your major, corporate worlds and small businesses alike strive for greatness – and an education is a big part of that.  If an employer has a handful of similar final candidates, you can bet that the candidates with the college degree will be on top of that stack.  With a down-economy, pursuing a college education lines up perfectly as many of these businesses are on a hiring freeze.  Take advantage of this timing and get that degree – you’ll be thankful you did.

What To Do

Network with colleagues and fellow students.  Join associations in your respective fields.  After all, the major you choose could be the field that you work in for the rest of your life.  Make sure you like it.

Become an expert.  Pick an area of interest and run with it.  Don’t worry about becoming a renaissance man/woman, study one field and become an expert at that.  This is what company’s look for and it’s important that you pick one area and get behind it.

Finish.  So many times, I’ve seen college students quick going to school, and not finishing college to get their degree.  Stuff comes up.  Hardships, sick relatives, job loss, many people go through things.  It’s imperative that you stick with it – find a way to get it done.  Make sure that all of the hard work that you have put in is not for naught.

At the end of the day, a struggling economy is a great time to either get back in school and finish your degree or to accelerate your timeline for your current education.  Use this time to focus on the field you want to work in and the amount of time you want to spend in school.  Additionally, start networking so that when you graduate, you have some contacts that can help you in your job search with the economy does pick up after 2016.