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I Got Admit, but During Recession Can I Come to US?

By HSB 

Almost all the students have this dilemma. Recently one student wrote a comment

I got admit from 2 universities. I am almost prepared for coming US for my Masters for Fall 2009. But my problem is all my friends relatives are asking me to stop my plans to US because of the tough times and economy in recession in US. How long will the position be the same? Can we expect economy to recover after a year?

recession_job-loss_economy

Economy in Recession


Every person have their own thoughts and feelings about US economy. But, to make a decision you got to know and understand so many things. Talk to people who have different views of the world. Both optimistic and pessimistic people. Don’t make your final decision just based on very handful of people who said negative things about economy. So, asking opinions with your friend and family is absolutely perfect.

Usually, if you trust someone, by default you assume they are right and tend to go with what they have to say. Few days later you might come across another influential person, who might advise you in different way. That’s when people get confused. But, to make informed decision, you got to hear as many opinions as possible. This is where leaders are different from managers and people follow the leaders.

I’m talking to much philosophy right? If I say, you can go to US, then its just going to be one another person’s opinion, but if I explain how to make decision, it might help so many readers who got admission to Fall 2009 semester and still undecided or confused.

Job Market in US – No looking good

Job market is not good and people are losing jobs. There are so many questions surrounding this.

  • Is this going to continue for next 2-3 years?
  • When is job market expected to pick up?
  • If I get job, will H1B visa would be available?

It’s very hard to predict what can happen 1-2 years from now. Less than 9 months back, job market was good, but so many changes happened in very short time.

Predict Future based on Past

To predict the future of how US economy will recover from recession, look at what happened in previous recession. Job market was bad during 2000 to 2003. But, it recovered. Same will happen for every recession. But, how long is hard to say. Stimulus bill is expected to create new jobs, more than 3 million jobs. Some of the news media are reporting about new jobs being created in construction industry.

But, you have to make the ultimate decision – Can I come to US to study Masters Degree during recession? My suggestion will be – If you attend the school during recession and when job market turns around, you will be in better position to find a job.

Above all, to study in US  is once in a life time experience/opportunity. Of millions of students who graduate, you are now presented with a chance of your lifetime. To know the value of US education, you got experience it first hand. Why waste that opportunity?  Can you say what could happen 1-2 years from now? No we cannot predict the future, but when there is a chance in front of you, I would go for it. Its always better to utilize the opportunity at hand.

Successful people utilize the opportunity. Opportunities are rare to come. Opportunity comes once is a while, but willingness to take risk to prepare yourself to to have a better chance would  separate the successful from unsuccessful.

So, you can consider I’m one of the optimistic person. Worst case take the risk,  you will end up spending money for your education. If you happen to get some form of aid, then education is almost free. If economy doesn’t recover, then you will be left with a  degree from US University. If not you will still have Masters degree and have spent the money. You can try for job in Canada, Australia, Singapore and so many other options. But, everything has equal probability and you have to weigh money vs education. Any day I will select education over money.

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Do write your thoughts and comments and ofcourse your decion – Did you decide to come to US – Yes or No?

Related posts:

  1. U.S. in Recession – How Long It Will Last?
  2. Applying for H1B Visa 2009 (FY 2010) – Think Twice!
  3. The Value of MBA During Recession
  4. 71,400 Jobs Lost on Monday; 207,120 Jobs in Jan 2009
  5. H1B Visa 2010 – Strict Hiring Rules

Comments

13 Responses to “I Got Admit, but During Recession Can I Come to US?”
  1. easwaran says:

    HSB
    It is nice of you to have written a very thought provoking article.
    yes i agree with you that any amount of money can be spent on Education purpose.
    to get support from our ancient enlightened persons
    i would take support from “AVAIYAAR ” a great Tamil saint lady who said about value of Education.
    even if you have to beg , beg for education.
    and take money even by begging and get education at any cost

    yes that is the value of Education.
    another thing i would like to point out here
    people are talking about Economic meltdown.

    Recession.

    as though it is new phenomena
    honestly growth and recession goes side by side
    they are happening all the time
    we dont see it
    rather we see only growth ,

    like as we grow older we also die
    death does not come all of sudden
    it is on going process
    hence step in to the education world
    and learn what ever you can
    this is the time to learn
    and latter comes your time to earn
    as you like
    education is at any cost
    is the motto
    yours truly
    easwaran

  2. Harish Kumar says:

    Great …Really Great thought …Optmistic…a great message for a born pessimist like me …really ver very influenced by your school of thought dueing recession…Hats off..man.

  3. Sitasma says:

    getting a degree from US university is a lifetime achievement,if u r getting an I20 then make full use of it and dont let negativity creep in your mind.I think you should go for it despite of bad economy.

  4. Ahtamjon says:

    I’m going to apply for fall term 2009. Can I find any universities or colleges in the US whose deadlines are august 1 or later? Please, send me the list of such universities.

  5. Mobeena says:

    Hi friends,

    The same question was on my mind. Totally confused about going to US for my MS. I have lot of negative people around me who were asking me not to go to US in this recession. All my doubts are cleared for me from this post.
    Thank you very much happyschoolsblog.

  6. ammar says:

    Is any body can get the student visa (F1) without GRE & TOFEL
    if he get the exceptional latter from university

  7. bharath says:

    hey..dis is bharath….. im to plannin for gng US…but im in d beginning stage….i want to write gre..exam in aug2009. so could u plz….tell me hw to prepare…n wats d process of applyin for a university…n which university? is d universtities givin d scholarships…? whether F1 visas are givin abundantly now?…is it d right time to write d exam…? and plz can u give me ur contact number.. so dat i can call u …if u knw about d visa process….. plzzz… plzzz n plzz..

  8. Farhana says:

    i will say it depends…….if u r on scholarship then obviously u will go for it………never think twice.

    But others who totally depend on parents money……..then u can think, if ur family say u can go, they will take care about ur expense, i think its better to go for it……….becoz after graduating if job in us is not possible then we always have an option to come back to homeland/other country and get a job.

  9. Johanne says:

    I don’t think anyone can tell you if it’s right to go to the U.S. or not. It really depends on your particular situation. If you have a skill that is very much in demand (or a skill that complements a shortage area), you’d probably find a job despite the recession.

    If not, you’d probably have a tougher time.

  10. Bindu says:

    I do agree with you.Its better to do Masters in this period because people who are coming to US for pursuing Masters in this Fall 2009 or later may Graduate by 2011 or later.So its a good time.And by the time they get Graduated the market may pick up.

    Bindu

  11. Avinash,.... says:

    Thanks so much for replying for my Question…..
    “I got admit from 2 universities. I am almost prepared for coming US for my Masters for Fall 2009. But my problem is all my friends relatives are asking me to stop my plans to US because of the tough times and economy in recession in US. How long will the position be the same? Can we expect economy to recover after a year?”

    Thanks Once again./………

  12. A K Gupta says:

    dear
    I also agree with the above views that one must be optimistic and not pessimistic. Who knows what would be happening after 1-2 years but it is sure that you would get the Master’s Degree from the coveted University of US. The time does not remain the same and the same would certainly change. In my opinion do not listen to the negative pepoles, you will surely get good job after completeion of your degree since you would be joining in the recession times.

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