Online Education: 4 Reasons Why Online Programs are Recession-Friendly

One of the effects of the ongoing recession is that it changed how people think about their lives. Given the unexpected nature of a troubled economy, it makes sense for people to optimize their decisions based on what will give the most value with the least expense. Instead of spending the quick buck, we are more prone to do a double-take and ponder if the expense is really worth it. Such are the signs of unsettling times.

Surprisingly, this shift in thinking also made everyone consider the prospects of an online education. Most of the misunderstandings about online education have been ironed out, and to prepare for an online education considered very mainstream. This is might be explained by the observation that people are slowly realizing that enrolling in online programs is a very practical thing to do in a recession. We give you 4 more reasons why a recession favors an online education.

Online programs are recession-friendly because you get to learn a new trade

Since the recession, people have been exploring ways in which they could earn a quick buck while saving on expenses. Enrolling in a technical-vocational program (itself one of the top alternatives to online degrees) is usually a practical choice because it allows people to learn a skill that they could profit from. Skills in carpentry, plumbing, dress-making and interior decoration would most certainly be marketable, and the spectrum of choices for a technical-vocational courses are plenty indeed. Aside from being able to earn particular trade skills, household expenses would also be lessened because instead of hiring someone to perform these skills for the household, you’d only need to practice what you learned. It’s fool-proof and very recession-friendly, to say the least.

Online programs are recession-friendly because you get to strengthen your career prospects

People enroll in online degrees to enhance their career options, i.e. either to shift to other careers or to increase their chances of being promoted. A master’s degree certainly makes a resume very enticing because it means that the person has a certain degree of knowledge that is a cut above the rest. This also makes things easier should a graduate want to apply for a new job – a master’s degree makes you a more marketable applicant. The same also goes for post-graduate studies, i.e. doctor’s degrees – a Ph.D., usually means that you have a lot more to offer. An online education makes these advanced degrees accessible even in a time of recession, making online study a viable choice to employ.

Online programs are recession-friendly because it allows you to balance work and personal development

Since job security is very much affected during a recession, it makes sense to always base one’s decisions to the option that will make it a priority. Personal development usually grinds to a halt because all of one’s resources are shifted towards this end. An online education makes things a little bit more flexible because studying online allows a person to continue to work without affecting his job performance. Yes, there will still be some sacrifices, but at least it’s to a worthwhile goal.

Online programs are recession-friendly because you save on expenses

Lastly, for those who really want to prioritize getting an advanced education, getting an online degree is a cheaper alternative to a brick-and-mortar school. You get to save on gas and other miscellaneous expenses, but more than anything else, you get to save time. Imagine finishing your degree with most of it done at the comfort of your own home; that’s a very enticing image indeed.

One Response to “Online Education: 4 Reasons Why Online Programs are Recession-Friendly”

Leave a Reply