Comments on: Recession Tips For College Students

By: Studenomics Subscriber Swap | Weakonomi¢s

Studenomics Subscriber Swap | Weakonomi¢s — Sun, 24 May 2009 14:16:04 +0000

[...] the future. Some common topics for students are: Benefits of Saving Money For Twenty Somethings, Recession Tips For College Students, and What Does A Recession Mean For A College [...]

By: Carnival of Debt Reduction: It's A Marathon, Not A Sprint Edition! | Man Vs. Debt

Mon, 04 May 2009 08:09:03 +0000

[...] Studenomics outlines several Recession Tips For College Students. [...]

By: Roger

Roger — Fri, 01 May 2009 03:15:06 +0000

Not bad advice. I’d also recommend seeing if you could possibly find a position with your university after graduation. If you have a good GPA, you might be able to gain employment as a TA or a similar helper. It won’t pay much, but it is income and experience.

By: E.C.

E.C. — Wed, 29 Apr 2009 23:21:12 +0000

Not everyone has the option of staying home at their parents’ expense, especially after graduating. I know my parents would take me in if I ever really needed them to, but they’ve been harder hit by the recession than I have. My dad’s hours and pay have been cut by 25%, and my mom was laid off from one of her jobs. They’re also a lot closer to retirement than I am so building their savings right now is crucial. If you do have to live at home, contribute whatever you can to your family’s expenses.

Teach for America is one program that receives funding under the Americorps umbrella. As a current corps member, I feel compelled to add a disclaimer that teaching in the schools where we work is an incredibly difficult and draining experience. It has rewards (and it is good to have a job), but I wouldn’t recommend joining unless you’re actually passionate about the mission. I think that if you’re primarily in it for the sake of having a job for the next two years, you’d burn out very quickly. It wouldn’t be a great back up plan for this year’s graduates since the final application deadline has passed. Also, last year there were positions for fewer than 20% of applicants and that’s expected to decline even though the corps size is increasing.

By: Ramavich

Ramavich — Wed, 29 Apr 2009 02:38:45 +0000

There are lots of great volunteer opportunities that provide work experience and living arrangements. My husband served a year in inner city Philadelphia with the Jesuit Volunteer Corps. There is another similar group–through the Vincentians, I think. Also try AmeriCorps (used to be Teach for America?) or Peace Corps. Your college counseling office should have info on these. My husband had a fantastic experience with the JVC.