Feet on the Street

Career Resources, Information and News

Posts Tagged ‘Training’

Is College Worth It?

Posted by Lori on February 24, 2010

Is going to college really worth it? Probably so, but it’s not that clear cut, and economics have been arguing the point for 30 years. Most studies tend to show that college-educated people end up making far more money in the course of their lifetimes. (The niggle: Usually, it’s not worth paying for a private university.)

Oh my! This is not what we really want to hear. As parents, we want to know that the financial investment we make in our children will be returned to them ten-fold. Adults returning to college hope for the same return on their investment. It’s good to think the all efforts will be rewarded, but the truth is that some will come up short. In his article, Infographic of the Day: Is College Really Worth It? , Cliff Kuang gives us some amazing factoids.

  • Every year, more than 2 million high school students enroll in college. After the first year, 1 out of 3 will drop out. Collectively wasting $9 billion every year.
  • The most expensive college after room and board is Sarah Lawrence College in Bronxville, New York. It costs approximately $149/day, $54,410/year. Take that times a 4 year degree and you have invested $217,640. For that much money, you could buy a Ferrari!
  • Compare the tuition, room and board at Yale, an Ivy League College, to an in-state university and you will invest an additional $27,500/year at Yale. With that investment, you could expect to earn approximately $56,000/year. You could expect to earn about $49,600 with your in-state university education. If you chunk out all of the numbers, it will take you 17 years to make up the difference in tuition.

We will re-visit this information from time-to-time and see what other conclusions we can draw from the data. What is your plan for college? Will you go directly from high school to work, or will you go to a technical college, or university? Make sure you compare the data on the cost of the tuition with realistic earning capacity before signing your enrollment form.

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Posted in Career, College, Education | Tagged: , , , | Leave a Comment »

Could You be Facing a Layoff?

Posted by Lori on February 23, 2010

In these days of uncertainties, you never know when you may lose your job. When faced with the dreaded pink slip, your mind races a million miles an hour. Do you enroll in college or vocational training? Do you just sit back and draw unemployment after the chips fall? Maybe you get hired by another company, but should you enroll in online courses?

According to Joseph Grenny from wetfeet.com, you should have the following conversations:

  1. Ask long-timers about past practices — How have layoffs been handled in the past? Is advance notice given? Are cutbacks across the board or targeted? How are the decisions made?
  2. Clarify compensation surprises with HR — Will the company be paying normal bonuses or annual raises this year?
  3. Assess your general risk levels — How likely is a layoff in your division? Department? Team? Job? If there are open forums with executives or other higher-ups, these are great places to ask these questions.
  4. Assess your specific risk level — Find out where you stand with your supervisor. What skills, job changes, projects or other actions would make you less dispensable?
  5. Have a conversation with yourself — What should you be doing now to prepare yourself to survive a layoff?

I think #5 is the most important conversation of all. You need to put yourself in survivor mode should the layoff actually happen. Perhaps you need to focus on learning some new skills, or pay down some debt. Be sure you address all of the conversations should your number come up and it will lessen the blow.

Posted in Career, College, Education, Job Exiting, Layoff | Tagged: , , , , | Leave a Comment »

10 Deadliest Jobs in the U.S.

Posted by Lori on February 9, 2010

Think about the most dangerous part of your job. While you are pondering that, also think about the number of times you are in personal danger while you are performing the tasks working at the job. Nearly everyone who has spent time traversing the highways has happened upon a drop-out from the Mario Andretti School of Driving. But, how many of us risk our lives day in and and day out to feed the family? Earnmydegree.com compiled a list of the top 10 Deadliest Jobs in the US along with their average annual salary. Take a look at the list and see how your job stacks up:

  1. Fisher – $28,460
  2. Logger – $32,900
  3. Pilot – $119,750
  4. Steel Worker – $47,170
  5. Rancher – $49,140
  6. Roofer – $37,430
  7. Power Line Worker – $54,300
  8. Truck Driver – $38,720
  9. Refuse Collector – $32,790
  10. Police – $52,810

I think it is interesting the deadliest job pays the least amount of money per year. Another amazing factoid is that each occupation requires some sort of training, whether it is an apprenticeship, vocational school, college, or on-the-job.

Posted in A Day in the Life..., Career, On the Job, Salary | Tagged: , , , | 1 Comment »