EffectsofFinancialCrisisonCollegeStudents
Sincethefinancialcrisisswepttheworld,theglobaleconomyhassunkintoasevererecession.It'shardtogetthroughadaywithouthearingorreadingnewsaboutthedevastatingeffectsofthecrisis:Aworldofcompaniesgobankrupt,millionsofemployeesarelaidoff,high-returninvestmentbubblesburst,andhugesumsofloanscanneverberetrieved.Itsimpactonourdailylifecanbefeltinallwalksoflife.
Collegestudentsinevitablyfallvictimtothispervasiveslumpaswell.Ontopofthat,internshipsandjobvacanciesarereducedtotheminimumascompanieskeepshrinking.Newgraduatesfindthemselveshardtogetajob,nottospeakofasatisfactoryone.Whatcomesnext?Poorstudentswillbehard-pressediftheyfindstudentloansunavailableanymore.Asaresult,someevencannotaffordtocontinuetheirstudies.Lastly,morestudentsareprobablyoutthereanxiouslylookingforpart-timejobsnowthattheyhavetohelpcovertheirexpensesinthisgloomyeconomy.Theirinnocenceandeagernessmightbetakenadvantageofbysomemaliciousbusinesspeople,orevencriminalgang.
Inresponsetothesethreats,westudentsmustactpromptlyandwisely.Sincewedefinitelywillbefacingacompetitivejobmarket,it'scrucialthatwesubmithighqualityresumes.Therefore,wemustcommitmoretoourprofessionalstudies.Evendobetter,mastermorerelevantjobskillsasadoublesecurity.Furthermore,applyforscholarshipsandgrants,asthesearestillavailableandwedon'thavetopaythemback.Asforthesafetyissues,trustourinstinct-there'snofreelunchinthisworld.Anythingthatpromisesquickreturnswithoutmuchworkisasuretrap.Stayalertandprotectourselves.