Courtesy of The Baltimore Business Journal
Recession and Layoffs Boost Enrollment at Career Colleges
Baltimore Business Journal - by Ryan Sharrow Staff
While the nation continues to grapple with
soaring unemployment rates and a widespread recession, it’s
been anything but gloomy at most career colleges.
Professional schools are experiencing an increase in demand
from displaced workers looking to try their luck in new
industries, such as health care, technology and “green”
construction. Undergraduate enrollment at career colleges in
the U.S. has averaged an annual growth rate of 9.9 percent
since 2003, according to the U.S. Department of Education.
During the 2006-2007 academic year, more than 2.2 million
people were enrolled at a career college in the U.S.,
according to the Department of Education.
And in Maryland — where the unemployment rate hit 5.3
percent in November — career schools are seeing the rise in
demand as an opportunity.
In 2007, there were 156 approved private career schools in
Maryland. That number climbed to 174 in 2008.
Photo by Nicholas Griner, Baltimore Bsuiness
Training in ‘in-demand occupations’ is sought after, says
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