Friday, January 17, 2014

Has Education Paid Off for Black Workers?

INTELLIGENT BLACK MINDS

Did you go to college? Did you finish college?
When you finished college are you still fulfilled in your field?
Is the debt of higher education  holding you back from other things you wanted to complete in life- other callings??
Do you want to start your own business but do not have the capital because of student loan debt?

These are many of the feelings expressed by our black community.

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BLACKS have overcome illiteracy and reduced the educational gap between its people more than ANY other race of people on this planet in RECORD time.


We went from not knowing the English language to creating our own. So the education is no
t our problem- the problem we have is that we are relying ONLY on the education to deliver to us what we can already do for ourselves- and that is to create businesses of our own.

Its painful to conceive that our Black brothers and sisters will go into the same amount of debt to obtain a college based education- only to experience afterwards that we are compensated less. This is what is occurring in the workplace today. Blacks with the same level of education are consistently making less than other races with the SAME level of education.

A 2013 study by the Center for Economic Policy & Research concluded that blacks are paid less when it comes to good jobs and also black women have the worst in this situation. The report can be found here:
Has Education Paid Off for Black Workers?


THE  HIGHER EDUCATION SETBACK

 
So by design the entire higher educational system is working against intelligent Black America because we may have to borrow the same amount of money as other races to get the degree- but make less than our competition after obtaining the degree. This is why it is not beneficial to spend so much time & money in college versus gaining experience.
It is becoming imperative to avoid the debt of Higher education. Pay cash- work your way through college to get it- or self teach yourself and gain experience... because the debt associated with acquiring a higher education is destroying the economy of the black workforce before it even has a chance to work or develop their own businesses.

THE SOLUTIONS:
*Shop for scholarships
*Attempt to pursue a degree while also seeking an internship or even work on the side in the field for free to learn and gain experience.
- EXPERIENCE & QUALIFICATIONS is the number one tool to set you apart from the competition!

*Attempt to pay for the higher education up front
*Go for the 2 year degree for qualifications- find an employer then have them pay for any additional education through tuition assistance programs.

Anything that can be done to minimize or reduce the debt burden will pay huge dividends into the future for you- your family- and next generation.

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