The Federal Work Study Program (FWS) provides funds for part-time employment to help students finance the costs of a college education. Students can receive FWS funds at participating colleges and universities. Hourly wages must meet the federal minimum wage requirements. Students may be employed by the college or university.
Shortly, the baby boomer generation will be retiring in record numbers. Every blue and white collar job category will be impacted. New trade school and college graduates will be needed to fill the void in order for the United States to remain competitive in the global market. The existing cadre of professional accountants, lawyers, physicians, dentists, actuaries, engineers and others will be replaced in growing numbers due to the retirement of the baby boomers. As a result of this trend, more affordable college education is an absolute imperative if this historic worker transition is to take place uneventfully.
Article comments
1 - Arch Conservative
Is the traditional college right after high school even worth it anymore?
It almost seems like it's more beneficial to find an entry level job right out of high school. Get a few years under your belt and then have your employer shoulder some of the costs of your education. Sure you'll miss out on all those keggers and bong hits but you gotta grow up sometime right?
2 - Dr. Joseph S. Maresca
Much depends upon what course of study a student pursues in college. If the student intends to enter
one of the major professions like medicine, law, accounting, engineering, actuarial etc., then the
investment in time and money may be worth the effort. The baby boomer generation is retiring along
with millions of professionals. Who will replace them when a tremendous void is created.
Our population has grown from 300MM to 313MM in a mere decade or so.
At some point, the demand for goods and services will increase. The main point is that a trained college
student with a brand new education will be at a premium. Much depends on the practicality of the
education received. Students need to think more about how their education will fit within a blossoming
global economy. Students who pursue the professions will have the best chance in any economy.