Knowledge Is Power

Recently, a very good friend of mine asked for my advice about returning to college to receive a degree after being out of school for over 30 years. She was struggling with the idea that she was too old (she’s 50+) and the cost for the investment was not worth it in the long run. As a professional in the financial industry the answer to me is very clear. Education is an investment in yourself and the possible debt you may incur is good debt.

Colleges all over the United States have seen a huge influx of non-traditional, 25-69 year old students re-entering the campuses due to the economic crisis. More and more job opportunities will not even consider a candidate without a degree. What happens if you become unexpectedly unemployed? Or, what if you’re seeking career advancement and a younger, less experienced candidate is considered more qualified because of their degree? Perhaps instead of defining the decision for higher education as going “back” to school you should view school as a way to move “forward” or even secure what you currently have.

When pondering this decision consider some of the advantages for moving your education forward after so many years in the workforce.
Life or Work Experience Credits – Some colleges grant credit for life or work experience, often termed “life experience credit”. This may require compiling a portfolio that demonstrates you have mastered the principles taught in a course.

Exam Credits – Many institutions grant credit through standardized exams. Exams such as CLEP or DANTES may be taken in several subject areas and students gain credit when they are successfully passed.
Transfer Credits – Remember all of those training classes you took through your employer or the college classes you have taken over the years. Check to see if they are accredited and if the credits will transfer. You may be surprised at what you have already accumulated.

Online Training – If the thought of sitting in a classroom with a bunch of young whipper snappers makes you want to lose your lunch then consider an institution that has online training. (Note: I thought Whipper Snapper was a Southern “thang”, but it’s actually a word in the dictionary!)

Learning Promotes Brain Health – Research shows that mental stimulation could limit the debilitating effects of aging.
Support Galore – Institutions have reentry centers, special programs, and support services for adults and older students. Some colleges offer child care facilities at lower rates.

So, go ahead, get excited about the possibilities. You never know what you can accomplish until you take that leap of faith. Check out www.Back2College.com for more information such as degree programs, scholarships and financial aid for non-traditional students.

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