2nd Trimester

Recession Proof College Degrees

It seems that now that we are in a recession the more and more a Bachelors Degree becomes more equivalent to a High School Diploma according to the recent news coverage! The local government officials is suggesting that picking up a skilled trade may be more beneficial than obtaining a formal college degree! They are stating that the current jobs that are out there will not even cover your student loans, and they are even suggest finding a job overseas or changing majors! This is scary considering the fact that I am a college student trying to pursue a Bachelors Degree and eventually will earn a PH.D to teach! I have dedicated and devoted alot of time towards earing a degree! The thought of me not being able to find a job in my major is scary! What are your thoughts on this? What do you think would be the most recession proof degrees out there?

They are saying that Plumbing or Carpenter work (hard labor jobs) are best jobs to during a recession!

Re: Recession Proof College Degrees

  • What field are you hoping to pursue your PhD in?
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  • I firmly believe that nothing is "recession proof." Nothing is garunteed.  Do what you want to do and be realistic about employment opportunities.

     

  • my husband has his degree in chemical engineering but we own a waterproofing and restoration company (a trade job) and it's definitely been a godsend during this recession.  i'm a writer so i'll never get fired..but that also doesn't mean i'll actually get published lol.
  • Health care is pretty secure, doesn't matter what is going on with the economy, people will still get sick. Now what does impact health care jobs is if no one has insurance and hospitals aren't getting re-imbursed, and then are faced with having to close their doors.
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  • I've always heard that working in the funeral home business is recession proof. Everyone dies.

    I don't know what PhD you want to pursue (I'm in my dissertation phase of my PhD). But they always say that a PhD is the only advanced degree that doesn't lead to increased income. My salary was boosted more by me getting my MA than it will my PhD. But that does depend a bit on what field you are in. I don't think that's true for degrees like engineering.

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  • Interesting my DH is in to carpentry and construction and there were no carpentry jobs when he was laid off last year. He finally found something in the asphalt field.
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  • Education (K-12 public schools) and health care are pretty secure around here. FIL is a carpenter and has been hit really hard by the recession. I bet plumbing would be pretty secure though. There are always leaky sinks and clogged toilets!
  • According to my client, doing taxes is recession proof because everyone has to pay taxes!

     

    I am getting my master's in Marketing so I am happy I won't be graduating for two more years, that said my industry is tough right now.

     

    I think you should get your degree in what you want to. I think Education and Nursing are good fields especially with so many boomers retiring soon.

  • Recessions are temporary. Get your degree, it will be worth it by the time you are done. If you have to get a crappy job in between, just chalk it up to experience. Don't forgo school if that's what you want just because the job outlook is bleak right now, think for the future!
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  • I have a BS in Accounting, which is pretty recession proof.  I don't do public accounting, but having that degree is very helpful for bookkeeping type jobs. 

    My dad is a plumber. Yeah, this recession isn't hitting him at all.  While new-home type businesses are having problems (and new-home installations of trade-type work, like plumbing and electrictions), the repair/remodel ends haven't been hit to hard.  In fact, there has been a bit of an increase in repair, as people are trying to work themselves, then get into trouble......

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  • DH is in law school and all the students are worried about finding jobs afterward in this economy. Their professors told them..."hey you can always go into bankruptcy law!" Lol.

    I work in insurance which is something that is pretty much a necessity.

  • Heh -- my pessimisstic view is that there are no recession proof college degrees.  I'm a lawyer and got laid off in January.  Last week over 800 lawyers and legal professionals got laid off in one day.  And these are all at large, national firms.  One would think that lawyers are always needed, just like teachers, doctors, accountants, etc...but I think the reality is in hard times they need less of everyone. 

     But sorry to be a debbie downer, I'm just in a bad mood today working on a case I need to finish before I can blow out of this place.

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