McLEAN, Va. (7/29/09)--It won’t only be fresh high-school grads entering trade schools this fall. Many newcomers are twice their age. Job loss, due to the down economy, is one force driving would-be workers back to school (USA Today
July 20). Thousand of new and returning students across the nation are choosing trade schools/community colleges over traditional colleges for the first time (The Wall Street Journal
July 16). If you’ve dreamt of learning a trade so you can switch careers, but just haven’t had the opportunity--or the guts--now could be the time if you’ve been handed a pink slip or if you’re facing a possible layoff. Learning a trade can be the edge you need to stay employed or find employment. Trade schools differ from traditional colleges in many ways, according to The School Directory
. They include:
* Fewer students in classrooms and more individual attention than in larger college classes; * Curriculum less lecture-based vs. shop-based, with more hands-on experience than traditional college courses; * Focus on students entering the work force upon completion of training; * Shorter courses, saving you time and money; * Flexible class options: online, evening, and weekend courses allowing you to also hold a job; and * Opportunity for an apprenticeship, internship, or externship program giving you hands-on experience.
Whatever your plans--traditional college or vocational school--your credit union can help answer questions you may have about financing your education. For more information, listen to “Touch Times Series: Getting Student Loans During the Credit Crunch” in Home & Family Finance Resource Center