Friday, February 22, 2008

Weekly News: 2/18 - 2/22

Welcome to the weekly news for all topics involving careers, colleges, and degrees. Here is the news for this week:



Mortgage Crisis Makes it Tougher for Students to Make the Grade on Loans



As many people know, the downturn in the economy in recent times has had a significant impact on mortgage rates and home loans. What they don’t know, however, is that the mortgage problems faced throughout the country are also causing problems for students seeking loans to attend college. As it is pointed out in “Mortgage crisis makes it tougher for students to make the grade on loans,” lending institutions have been hurt by defaulting home loans and, thus, have become more cautious about lending money for anything, including student loans. This means that, for the near future, at least, individuals looking to finance their higher educations are going to have a harder time finding the money they need...and, when they do find it, will most likely be facing higher interest rate payments. Nobody knows how long this situation will continue for sure, but if you or someone you know is planning on attending college soon, you might want to read over the information provided here to prepare yourself for the difficult task of financing a college education.



Consider Hiring a Career Coach



Navigating your career path can be a difficult prospect even for the most qualified and outgoing people out there. In the article, Consider Hiring a Career Coach, Joyce Lain Kennedy answers a couple of questions from her readers about their careers. She offers advice about finding a new job with the help of a career coach and/or further research on your own of your abilities and skills. She also advises another individual on how to deal with difficult task of getting a raise from her boss. Her advice is concise and useful...definitely worth a read. If you have a question relating to your own career situation, you can submit it to Joyce to be considered for inclusion in an article later on. Be sure to check out this page.



4 Ways to Boost Your Career During a Recession



With the weakening American economy, many people are more worried about simply keeping their jobs than advancing their careers. This doesn’t have to be the case, however. In the U.S. News & World Report article “4 Ways to Boost Your Career During a Recession,” the opportunities opened up for career advancement during this difficult time are discussed. Whether you happen to be survivor of recent layoffs in your company or if you’ve recently found yourself without a job, you’ll find some useful advice on how you can go about making the best out of this bad situation.



Resume Transitions



When writing a resume, it is important to keep in mind the most important purpose of the document: to get the attention of a potential employer. While most people tend to organize resumes in the chronological format, as discussed in the article “Resume Transitions,” sometimes this isn’t the best way to present your personal information. If, for instance, you are trying to get a new job that doesn’t necissarily have much to do with your previous job, it might be better to organize you resume into a functional format. In this way, you can present your individual accomplishments, especially those related to the new job you are pursuing, more clearly and, thus, stand out more than you otherwise would. Make sure you read this article if you are considering a career move in the near future.



I hope you found some of this information useful. Thanks for stopping by and be sure to check in next week for your career, college, and degree weekly news.

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