Undergraduates and graduate students are getting affected by the US recession

Right now is a very difficult time to get a job after graduation due to the economic slowdown the US is living. But I believe that for graduates students the stake are even higher. Now students are facing very tough choices in which it is going to affect the rest of their lives. Typically, when the economy is in a bull, most of the graduates students from business schools already have job offers but lately those offers have been decreasing as a of the recession.

I believe that a good choice for students would be either to stay in school or to go into a different industry and start their careers. You never know where you are going to go but it’s better to have a path and then you may find a chance to change your path to one of your past aspirations. At the same time this affects a lot of MBAs and undergrads because graduating at this point in time would reduce your lifetime earnings, since the starting wage is going to be different. Also staying in school might sound like a great idea but is also going to be difficult because not everyone has the luxury to keep paying for tuition. I believe that we have to keep in mind that some students even work two different jobs in order to pay their tuition.

So in my opinion I believe it is more beneficial for students to get into a different industry even though there are not going to get the same salary but at least you start from somewhere in which you will do networking that might be helpful in the future.