Individuals furthering their education continues to be a growing trend in the midst of the recession. Many companies are looking for highly qualified individuals with a high amount of knowledge in their field. Statistics show that the unemployment rate becomes lower for the level of degree attained which may be why in a nation of job uncertainty, many people are looking to pursue a higher degree. However, many people looking to get back into school may have a hard time applying for financial aid. According to U.S. News and World Report, this process may become easier as more volunteers are available to explain the application process to people finding difficulty. The newest online version of the Free Application for Federal Student Aid is also a lot easier to navigate, according to the news source, which will hopefully allow more students to apply for assistance. According the Bureau of Labor Statistics, the unemployment rate for students with a high diploma is nearly double the amount for individuals who hold a bachelor's degree.  |