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Education and training in times of crisis

Investments in their own education and training pay off almost always. Either because of income so that life can be increased or was it because are associated with a higher level of education desired many positive effects. More education generally leads to more varied and more exciting jobs, reduces the risk of unemployment, improved health, increased life expectancy, social status changes in society, etc. etc. So there are enough reasons to invest in the education and training. As with any investment decision must expense, income and opportunity costs are taken into account. As it is now out for their educational investment decisions in times of crisis? It may
be assumed that the own investment of time and energy is independent of the economic situation and are not in decision-making in times of crisis must be specifically considered. The change in the financial burden for education and training in times of crisis, however, difficult to estimate and depends on the education providers and educational programs. But it must be assumed that the costs - and thus prices - for education will increase little. Government economic programs in education tend to lead to a price reduction. On the revenue side may be anticipated at a course over several semesters at the end of the crisis. Post-crisis periods are often characterized by will demand new knowledge - that - for example because of the crisis-induced structural change. Students in crisis may therefore assume a disproportionate earnings expectations. Finally, the opportunity cost of training and education are considered. In boom times, financial resources, in contrast to the human resources are in place so that staff time "bought" is. This leads to shortages and thus more expensive, so what amount used for the training and further increasing the opportunity cost. In times of crisis is the cheap and free time making this an ideal to be invested in education. In summary, So be noted that especially economic crisis are to invest in their own education and training. Or see convincing arguments against it?
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