Debt Financing Undergrad Degree

techmom99
Fri, 23 Feb 2018 13:36:55 +0000

I agree that if you don’t like your program, leave it before you incur further debt.

I just wanted to share with you some info about working for USPS because my oldest son, who also decided college wasn’t for him, is a mail carrier. Back in 2010 or so, during the recession, the union/management entered into a contract which preserved benefits for employees at the time and sacrificed future employees. Anyone coming in now is a CCA or city carrier assistant. You can be terminated at 30, 60 or 90 days. If you make it that far, you do get health insurance, which is decent and affordable. For my son, it was necessary as he was aging out of my coverage but if you are under 26, it might still pay for you to be on your parents’ policy, depending on cost, co-pays, etc. As a CCA, you get a 360 day contract, after which you are furloughed for 5 days. If you are rehired, you then start again on another contract. You are in the running to become a permanent employee but it can take time. My son’s second contract is ending in April. He will be rehired. He is next in line to become permanent at his station, but he doesn’t know when that might happen. Until it does, he isn’t eligible for retirement plans and the CCA time doesn’t count towards his pension (see how the new hires are penalized). Despite that, my son enjoys his work and is thinking about going back to school. There is an on line qualifying test, you have to have a valid driver’s license and you must pass a drug test. You don’t have a totally set schedule as a CCA but you could take online classes if you chose to. It’s a decent job for someone who isn’t interested in being in school. By the way, I went to law school with a guy who was a mail carrier. I don’t know how he organized his schedule but he graduated and passed the bar.

Good luck.