ENGINEERING – LUCRATIVE FIELD, LUCRATIVE LOANS
The job market has been extremely volatile as of late, causing higher unemployment rates and forcing more recent graduates to take on various jobs not necessarily in their area of expertise in order to survive the first few years of their post-graduation life. Throughout this commotion the engineering field remains a beacon of consistency, with an unusually high amount of work opportunities for new graduates and high level of job security for the "veterans" in the field of engineering. Despite its stability, there is a surprising amount of leverage gained once you are able to select "Engineering" in the "Employment" menu of a loan application form. Loan companies know that the market for engineers has been and continues to flourish. Therefore they tend to be a lot less judgmental when considering other factors in your application, including key ones such as your current salary or your outstanding mortgage. This is because loan companies are confident in engineers' ability to rapidly find work if they are currently unemployed, and in knowing that their salaries will move in only one direction - up, and fast. Loan companies are also well aware that opportunities will never cease for someone in the engineering ... [more..]
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