With the struggling economy, many people are facing unemployment and hard times. Gen Y, known to be possibly one of the better educated generations is struggling to float, many not having enough experience to obtain or hold jobs in the state of the economy. Moving back in with their parents or family being the best option for many having challenges financially while fighting to get careers launched.

According to msnbc.com , “the Millennials” defined as those born in the 1980-90’s are the first generation of American work forces since World War II who have cloudier prospects than the generations that preceded them. Currently unemployment is at the highest it has been in decades for 18-29 year olds.

The average student debt as stated by College Board is $23,000 – facing these large debt amounts and the high unemployment rate among young Millennials can affect them financially and psychologically.

There may be more to working at Wal-Mart than welcoming guests with a smile and rolling down the prices!

According to msnbc.com employees at Wal-Mart may now be eligible to receive college credit for their in-store training and get a tuition discount towards a college degree. Wal-Mart has also committed to $50 million in assistance over a 3 year span to help it’s employees pay for books and tuition above the reduced rate at American Public university, an online school. American Public University has over 700,000 students, offers more than 100 certificate and degree programs. Wal-Mart also offers scholarships through its foundation and offers assistance to workers seeking GEDs. Executives believe that the link with the school will help workers land better jobs both inside and outside the Wal-Mart company.

LeadPile has recently started generating leads in the Online Education vertical!…We have some great affiliates that we are teamed up with to deliver the highest quality leads available! Interested in generating leads? Have a demand for leads? Reach out to a LeadPile team member!

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A group of 50 colleges (and this number is growing) are pledging to do fund student financial needs through grants and work-study programs rather than with loans. Limiting loans with the “Project on Student Debt” will help in the efforts of reducing graduates debt amounts leaving them in large financial debt when leaving school.

With the economy in poor standing, this affected all schools – particularly private schools, resulting in tuition hikes and budget hikes.

With student aid, few students will pay the full tuition price for example. Financial aid is defined as the total cost of attendance (tuition, books, room & board) minus a family’s expected contribution. Public colleges threshold for receiving need-based aid is typically $60,000 or less.

For example according to money.cnn.com:

Full estimated tuition price at Harvard per year is $50,000. A family with an income of $120,000 can expect to pay after Harvard’s financial aid $16,000 per year. This same family would pay an estimated $15,800 at Yale and $34,000 at Stanford after receiving financial aid help.

The financial commitment to attend college may be intimidating. Researching your options for financial aid in addition to merit-based scholarships and grants can be a great way to lessen the financial burden. A complete list of schools participating with the “no loan” financial aid packages can be found here: www.ProjectOnStudentDebt.org .

LeadPile is adding Online Education to our list of lead types and will soon be generating leads!