What’s Unemployment Got to Do With Picking Colleges for Application?
Forecasting job prospects based on location of the college is another criteria for prospective applicants and their parents to consider, before deciding to apply. If unemployment in general is high in a particular state, does a student and family want to invest their limited capital and 4-5 years of effort in a college, when they may not gain the expected employment opportunities? Also, if unemployment is high, how does state funding (or lack of) affect the college?
Chart from the Wall Street Journal, 6/21/2012
Jill Yoshikawa, Ed M, is a University of California and Harvard trained educator and Partner at Creative Marbles Consultancy. You can contact Jill at email@example.com or, read her short biography.