Archive for June, 2010

Teachers Losing Jobs at Alarming Rates


2010
06.28

Week of June 28, 2010:  It seems as if teachers are losing jobs at a staggering rate.  Many teaching jobs are upper middle class (UMC) because the pay falls into the UMC category.

In fact, CNN’s American Morning Education blog says that 275,000 teachers are set to lose their jobs this year due to a lack of stimulus money.  In New York, that’s 15,000 jobs alone.  Here is the link to the video:

Schools out of stimulus cash cut teaching jobs

This is all becoming very scary for the UMC.  And it’s becoming even scarier for college students who are studying to be teachers.  I remember when teaching used to be a field for hiring.  Just simply get a Bachelor’s in education and you will find a job.  That job may not be at the best school or your top choice school, but you were still be able to teach.  Do you recall when the US was in desperate need of teachers?


What happened to this need?  I believe the need is still there.  Classrooms are overcrowded.  There are more special needs children, including Autistic children, than ever.  We are in desperate need of more teachers.  But when the money runs out, the money runs out.

Unfortunately, now that the public education well has run dry, the UMC gets another blow, and this time, a clean uppercut to the jaw.  Besides dealing with the ramification of not receiving the proper college financial aid, the UMC now deals with significant and crippling job loss.

And what do 2010 college graduates do with their B.A. in education?  I’m not really sure, but teaching in Alaska sure looks good right about now.

As the economy continues its descent, UMC teachers are swallowed up whole.  We wish them luck and we hope the situation will change soon.

~ the WPC team


© White Picket College, 2010

Wall Street Journal Discusses UMC College Financial Aid


2010
06.21

Week of June 21, 2010: We were delighted here at WPC when we found this detailed and concise article on the upper middle class (UMC) struggle with college financial planning.  Please click on the article name to read:

Financial Aid 101: How to Get More

Writer Jane J. Kim discusses what we’ve been saying here at WPC all along: the UMC cannot afford their children’s college tuition and fees.  It is apparent as Kim lists statistics of the rise of tuition in the public universities as well.  For example, Kim says Washington state schools will increase tuition by 14 percent.  The University of California will raise tuition a whooping 32 percent.  Yet Harvard will increase its tuition by 3.8 percent for the 2010-11 school year.


The article also continues to discuss both short-term and long-term plans for financial planning for college for the UMC.  You will find the strategies eerily similar to what we’ve explained in our Tax & Finance Help section.  Kim also goes into a lengthy discussion of 529 plans and interviews UMC parents who’ve been successful in receiving more educational financial aid from prestigious colleges.

We’re happy to see the UMC struggle finally being recognized.  And as always, we’re still working on solutions to fix the problem.

~ the WPC team


© White Picket College, 2010

Wacky Scholarships


2010
06.14

June 14, 2010: At WPC, we realize that most upper middle class (UMC) parents do not qualify for college financial aid from the federal government or the schools themselves.  Therefore, we try to find any type of free money for college that is not need-based.

In our quest to find such money, we constantly update a list of scholarships.  Sometimes we feel that attempting to find a non-need-based scholarship is like searching for a needle in a haystack.  But yet we press on and keep adding to the list.  Please visit our Non-Need-Based Scholarships section for the complete listing.

Also, we’d like to point you to this list of wacky, fun scholarships that have nothing to do with financial need.  Students must either excel, be ingenuous or just be plain wacky themselves.  Please click on the name to view the wacky scholarship list:

Fun and Wacky Scholarships

Have a great week!

~ the WPC team


© White Picket College, 2010

20 Percent of College Grads Get Jobs


2010
06.07

Welcome to the week of June 7, 2010 on White Picket College.

I was stunned today when I did my weekly check of the CNN American Morning Education blog.  Click here to see the video:

New grads face tough job market

Only 20 percent of all 2010 graduates will have jobs lined up after graduation.  20 percent!  I knew it was low, but I didn’t think it was that low.  Wow, compare that to when I graduated from my undergrad, in the flourishing and prosperous year of 2000.  I remember everyone, literally every single one of my friends and classmates, having a job lined up before graduation.  And many of them actually had to turn down offers from competing firms.


What a difference 10 years makes.

Cathleen Borgman, the director of on campus career planning at Fairfield University, where this video takes place, says to forget all the negativity and to get on that bike.  Huh?  Are you serious?

Right before she says this, the voiceover says on campus recruiting is down 44 percent this year.  And that 2010 graduates are in stiff competition with the class of 2009.

Now I’m all about positivity or I try to be … but facts are facts.  And if that was Ms. Borgman’s advice to me, “get on that bike, move!” I would politely ask for all my tuition back.

This video, I believe, highlights a bigger problem.  Colleges do not have the correct resources to help graduates these days.  Instead, I notice a trend where colleges have a more laissez-faire attitude to helping students find jobs.  Take Ms. Borgman’s response for example.  She had the opportunity of giving invaluable advice on CNN to graduates and she simply said “get on that bike, move!”  Perhaps she was cut off, but I doubt it because CNN probably would have included invaluable advice for a ratings boost.

I was in a Master’s program from 2007 to 2009.   I went to the career center at my school and enlisted the help of a great career counselor.  I was very lucky.  This guy was young, motivated, sharp and on point.  He gave me invaluable advice on my resume and cover letter.  It helped.  I got a job.

Fast forward six months later, after I was laid off.  I met with him again and he helped as much as he could again, pointing me to websites, special list serves, reviewing my resume and cover letter once again.   Nothing worked.  I was in the height of a bad economy, wanting to be paid what I deserved and about to graduate with a Master’s degree.  I looked overqualified and too expensive on paper.  I was the black plague to potential employers.  They probably got a recent grad to do my job for half the price.

I called my school’s career center, this time as an alum.  The great male counselor was no longer there, so I set up a phone meeting with one of the directors.  She was nice … but guess what, she gave me the same information as the last guy — with the exception of my cover letter and resume, which were perfect already.

That’s when I realized, yes, the first guy was great, but these career centers only have so much at their disposal.  They can only give certain info, and that’s what the problem is.  Career counselors are trained for a good economy, not for a deep recession.

In this recession, soon-to-be graduates need contacts, names of professionals who are willing to help them.  They need mentors and mentoring programs where the graduate is paired with a professional in their industry to help throughout the job search.  They need seminars, classes, advice and tips from professional panels on how to be aggressive and get a job in this economy.

A great example of this is Ed2010.com, which offers panels and seminars on how to get your foot in the door in the publishing industry.  This is a nearly impossible feat, but some manage to squeak in … with the help of Ed.

So my question is: why aren’t colleges doing what Ed2010 does?  Who can these young people turn to?  And quite frankly, why are they paying thousands to a college who won’t help with job placement?

I once had a friend tell me the best way to get a job is to select the place you want to work, find out where the employees go for happy hour, show up and smooze and get contacts.  Not a bad idea.

Definitely better advice then getting on a proverbial bike and moving.

~ the WPC team


© White Picket College, 2010