Train While You Have a JobSeptember 8, 2017 |
by the Sauk Valley Media Editorial Board
Community colleges experience economic cycles differently than the rest of us.
When the economy slows down, that can be good news for a community college. People who are out of work are more likely to enroll in classes to update their job skills or to train for a new career, and the college ends up with a nice bump in tuition revenue.
When the economy improves, that can be bad news for a community college. More people have jobs, thus fewer out-of-work people are taking courses to boost their skills.