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What to Study if You Need a Job
If you are not among those mentioned above, this Smart Money article has some good suggestions to consider. Educational institutions are playing a large role in helping older workers get back in the game. The recently launched American Association of Community Colleges’ Plus 50 Initiative offers those 50+ an array of classes at community colleges across the country, including workforce retraining courses. Click here to read about which study areas might be most effective. Other ideas: contact your alma mater's career services office and go online and visit empowered.com and lynda.com--online course sites.
Social Security to Pay for Student Loans?
Somehow the idea of paying student loans with your Social Security check doesn't seem right. But, new research from the Federal Reserve Bank of New York shows that Americans 60 and older have school debts in the range of $36 billion. So it is not uncommon for Social Security checks to be garnished or for debt collectors to harass borrowers in their 80s. Some of the debt is decades old from their college days; others are paying off more recent courses taken to learn new skills. To learn more, click here.
People age 50+, those still working and those retired, are seeking out courses at their local community colleges for a lot of reasons...to pursue encore careers, leisure-time interests, learn new skills. Many community colleges have been aggressively expanding their courses for this age group, including developing more user-friendly ways for people to re-enter higher education after decades away from the classroom. This U.S. News and World Report article provides some data on the kinds of programs that community colleges are offering and a check-list of what to look for when considering signing up.