Economic downturn triggers increased college interest as students invest in increasing their business skill sets

It’s a common axiom within higher education that economic downturns trigger enrollment increases. Downturns are often marked by decreased wages and job opportunities, making it an opportune time to pursue a college degree — especially an advanced degree. In business terms, the opportunity costs of choosing a college education decrease as there is less opportunity for financial gain in the job market. But during the second quarter of this year, with the U.S. economy contracting and monthly unemployment…

Source: The Business Journal