3 ms·
False. It's crucial to have a good start. "[W]e find that negative impacts on socioeconomic outcomes persist in the long run. In midlife, recession graduates ea
by legerdemain 4y ago
False. It's crucial to have a good start. "[W]e find that negative impacts on socioeconomic outcomes persist in the long run. In midlife, recession graduates earned less, while working more. And they were less likely to be married and more likely to be childless."[1]
Also see the extensive review of citations on the effects of entering the labor force during a downturn in the same publication.
In a nutshell: go bide your time in a master's program until conditions improve. It's what people with options do.
[1] https://siepr.stanford.edu/publications/policy-brief/recession-graduates-long-lasting-effects-unlucky-draw https://siepr.stanford.edu/publications/policy-brief/recessi...