Which one you prefer - a job or higher education in recession?

India
July 27, 2009 2:43am CST
Hi friends. I was just wondering what I should be doing now. I have graduated and looking for a job. But few people say I must go for higher studies. But I think when the recession is over and the recovery begins there will be a greater competition in the market. But if I get a job now I might get a raise during that time. What are your ideas on this issue?
6 responses
@I_LUV_U (2519)
• India
27 Jul 09
Coming from your logic, they both boil down to the same. If you have higher qualification, you'll have lesser competition. So both have their own advantages. But then, there is another point to consider. Money! That is, if your financial condition isn't great and a job would improve your situation, then I say go for it. Don't bother with the higher education just for now. You can always have it later on. Or, on the contrary, if you've a family that can afford to support your education, it won't be such a bad idea to opt for higher studies against a job. After all, a Master's Degree is a lifelong credential and is bound to help you in the long run.
1 person likes this
• India
27 Jul 09
That surely makes sense. But what if I want to get financially independent and do whatever I like. Isn't that a criterion to be considered before going for any of the options? Thank you for responding.
• India
28 Jul 09
You have given me a very good insight into what must be done at this time. You have made me giving a second thought on the matters I had already decided.
@I_LUV_U (2519)
• India
27 Jul 09
Sure it is, but financial independence shouldn't come at the expense of your education. In the rush of blood, you might be feeling the want of a job today, for you to stand on your own feet, and you may even get one somehow; but think about it, how fast would you progress in a job in a recession, as a new recruit, with no specialization and experience. No doubt initially you'd enjoy being employed, but as the time rolls by, you might experience a kind of stagnation in your life and find it stressful & taxing to work in a job where you hardly see yourself progressing. This is especially true since we are in an economic recession and getting hikes and all is a distant dream for a fresh recruit. Even if you look for a job change after, say an year, the competition will be no less fierce, with another fresh batch of graduates out of the university. If you can extend your vision and look a bit further right now, you can see that with higher education you would have more career opportunities (and lesser competition) although it might be a few years away from now. And this will be a long-term benefit. Good luck!
1 person likes this
@laurahen (596)
• Canada
28 Jul 09
The problem is that right now there are very few jobs and even a fewer amount of jobs that need new people working in them. What i would suggest (that's what i'm doing) is to go back to school and study your way out of the recession. You will probably have a greater chance of getting a job then and you will probably get paid higher because of your higher education.
1 person likes this
• India
28 Jul 09
Yup, that's true. I don't have any experience in working and probably because of that I am a bit excited to get a job. But the things are surely different to the people who are already working and who might have unfortunately lost their jobs due to recession. Thank you for responding.
@Savvynlady (3684)
• United States
1 Aug 09
I'd say both if you can; What I mean by that is get a job and at night, go for the higher degree. You cannot go wrong. Or establish yourself in a job of your choosing and from there, get started on getting your degree. But in this day and time you need something coming in, so work them both if possible.
• India
1 Aug 09
This is exactly what I am thinking right now. There must be a source of income which can sustain me. Once this is done I can, without any worry, concentrate on my higher studies. Thank you for responding.
@lynboobsy11 (11343)
• Philippines
28 Jul 09
My only thoughts here is I think what ever job you are into as long you love the job and you enjoy what you are doing you will be successful. Because if you love what your doing you will be striving more to enhance what your into, you are very interested to know more, to learn more new things, new development just to improve in the line of what your doing. Being happy and contented of the job you want is where is the success is. Goodluck!
• India
28 Jul 09
You hit right at the center of the issue. It matter the most how much you love being in a certain position. I love playing badminton and have been playing it past 12 years. Many people have told me to stop and think about something else. But it just cannot come to me that I have to stop my favorite game and dump all the fun I have in life when I am playing. I have read certain articles on internet that told a similarity amongst the richest on the planet. It was that they all loved their work no matter what it was and that was the thing which led them to riches. Thank you for your response.
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@phildozer (284)
• United States
27 Jul 09
Higher education, for sure. If you can afford college, then its only to your advantage to seek a better education, because its much more likely that youll be able to get and hold onto a better job with your higher education. Plus any job you find out there now could very well be gone in the near future
@radx682 (327)
• India
27 Jul 09
I agree with you. In this time, it is better to pursue higher studies. But you never know when this recession will get better. But I feel that those who are in good job or just have some job to do are really gifted. But if at this time, people lose job it is difficult to get a job. You have to wait for a long time. In such a case, higher education is best to fill the gap instead of sitting idle at home.
• India
27 Jul 09
I appreciate both your views on this matter. Thank you for responding.
• Denmark
27 Jul 09
Of course you will earn more money RIGHT now by taking that job, but in the long run you will earn more by having a good ob taking more education. Even IF you get a raise now. Trust me, you will be so much more happy if you choose education. Job finding will be easier, you will be smarter and the pay will be better.
• India
27 Jul 09
Yup, that's true. But don't you think it would be better if I have an year or two experience and then go for higher education. Say, I want to do Masters in Business Administration, they would prefer a candidate with some experience, wouldn't they? Well, thanks for responding.