I'm in a bit of a tough situation right now. After a series of major life events this past year and a half, I ended up having to withdraw out of my professional graduate program. Now I'm stuck with around 40k in student loans, have a 2 year gap on my resume since my program required like 40hrs of class time a week plus 2-3x that amount outside of class to study/work on assignments, leaving me no time to get a part time job, been depressed for months now, stuck with a bachelor's degree that's kind of useless (kinesiology), have no income right now, need to move out of my apartment in 2 months, and haven't told my parents about it (they are going to freak out and probably disown me and cut me off), they live in the suburbs about 2hrs by public transportation. I live in Toronto which is a very expensive city to live in, people are very cliquey here, winters are frigging cold, and its not very commuter friendly either, and the job market is dried up right now.
I have considered several options to help get me out of my financial situation:
1. Continue to look for work related to my degree. I've found like 2 jobs so far that fits my skillset in the last month or so. There is hardly any jobs in my field of studies and I also didn't write the recent national exam that was introduced to regulate my field which cost around $1200 I think to write. I'm predicting that if I were to even get an entry level job in either a related or unrelated field I would be making between 30-40k a year. After deducting all living expenses I would be only able to pay off like 5-10k of my student loans at most if I were to live frugally and in a shithole house sharing with several other students. I lived with a pig this past year as my room mate and I would definitely not recommend living with room mates unless you screened the $hit out of them but I would probably have to resort to this option in order to save money. It would realistically take me several months if not years before I would be able to get a job related to my degree.
2. Continue looking for casual part-time jobs while doing a combination of 1 and 3. I would probably need to work 2-3 part-time jobs earning minimum wage or close to that. Currently doing this. Won't be able to save any money doing this though so definitely not a long term solution.
3. Look for a job teaching English abroad in China or something. I've had 2 recruiters tell me so far "no schools want you because of your asian face". One of those recruiters offered me some teaching job in a public school or college in some hick city out in the middle of nowhere for like $1800 pretax a month + free apartment, flight reimbursement, etc. He was really pushy about it and sounded desperate so I'm sure its at a school and place no one wants to teach in. I've had a few training centers contact me offering to do an interview with me but I have heard nothing but bad things about these centers. They scam their teachers by bringing them to work over in China illegally, not paying their teachers for overtime, withholding release letters, not paying them their salary on time, etc. I've been doing a lot of research from Dave's ESL Cafe and pretty much everyone recommended I try to look for a job at a university or public school or international school. The university's pay like $1000 a month with free apartments, and similar benefits + between 2-4 months of vacation (huge bonus for travelling) and you only teach for 16-20 hrs a week giving me more free time to pursue other things. Public schools I hear pay a bit better and offer similar benefits as universities. Almost all of the teachers teaching at these establishments do private tutoring and that's where the money is. Some of them are making 5-6k a month + their teacher salary doing this. Only problem is its illegal and I may get into trouble with the local law enforcement and takes a bit of time to get a solid clientèle up and running.
In addition, some members here have recommended I try to intern at other companies when I'm not teaching which could help me get some work experience as well as network with other companies, and it would make things a lot easier in terms of looking for work when I come back home.
I'm kind of really late to the ballgame right now in terms of applying since schools start in September so I don't know what the likely hood of me being able to get a teaching job in a university or public school in a decent city in China. Training centre's aka language mills pay a bit better but most of them don't offer housing so that would be a big expense that I would need to pay out of pocket. Also I don't have a TEFL certificate and don't have much money saved up to pay for my flight to China, although I could always ask my parents to give me a loan and pay them back after 1-2 months in China once I get my paycheque. I'm really leaning towards this option because I would be able to save up a large chunk of my paycheque probably at least 50% because my housing would be paid for and cost of living is much lower compared to Toronto which I can use to pay off my student loans quickly. I'm predicting that I would be able to pay off my student loans in about 2-3 years going this route. Also I feel like I need a break from home to clear my mind and all because of these recent events. It would give me a fresh start.
I also considered moving out west to the oil fields, but it seems the job market isn't looking too good right now especially with the lower oil prices. Also even if I were to get a job here, the government would take like half of my paycheque because I would be taxed at the highest income tax bracket which kind of defeats the purpose to busting my balls 12hrs a day working there with nothing to do for a year except just labour away. Not really sure if this would be the best option for me from a mental health point.
I've been applying for work everyday, and have visited the employment services center as well as my university's career center several times a week getting my CV critiqued for each job I apply to. Obviously if I can get a good job here in Toronto soon that would be ideal, however I don't think that's going to happen, so it appears my second best option would be to teach over in China.
What do you guys think?
I have considered several options to help get me out of my financial situation:
1. Continue to look for work related to my degree. I've found like 2 jobs so far that fits my skillset in the last month or so. There is hardly any jobs in my field of studies and I also didn't write the recent national exam that was introduced to regulate my field which cost around $1200 I think to write. I'm predicting that if I were to even get an entry level job in either a related or unrelated field I would be making between 30-40k a year. After deducting all living expenses I would be only able to pay off like 5-10k of my student loans at most if I were to live frugally and in a shithole house sharing with several other students. I lived with a pig this past year as my room mate and I would definitely not recommend living with room mates unless you screened the $hit out of them but I would probably have to resort to this option in order to save money. It would realistically take me several months if not years before I would be able to get a job related to my degree.
2. Continue looking for casual part-time jobs while doing a combination of 1 and 3. I would probably need to work 2-3 part-time jobs earning minimum wage or close to that. Currently doing this. Won't be able to save any money doing this though so definitely not a long term solution.
3. Look for a job teaching English abroad in China or something. I've had 2 recruiters tell me so far "no schools want you because of your asian face". One of those recruiters offered me some teaching job in a public school or college in some hick city out in the middle of nowhere for like $1800 pretax a month + free apartment, flight reimbursement, etc. He was really pushy about it and sounded desperate so I'm sure its at a school and place no one wants to teach in. I've had a few training centers contact me offering to do an interview with me but I have heard nothing but bad things about these centers. They scam their teachers by bringing them to work over in China illegally, not paying their teachers for overtime, withholding release letters, not paying them their salary on time, etc. I've been doing a lot of research from Dave's ESL Cafe and pretty much everyone recommended I try to look for a job at a university or public school or international school. The university's pay like $1000 a month with free apartments, and similar benefits + between 2-4 months of vacation (huge bonus for travelling) and you only teach for 16-20 hrs a week giving me more free time to pursue other things. Public schools I hear pay a bit better and offer similar benefits as universities. Almost all of the teachers teaching at these establishments do private tutoring and that's where the money is. Some of them are making 5-6k a month + their teacher salary doing this. Only problem is its illegal and I may get into trouble with the local law enforcement and takes a bit of time to get a solid clientèle up and running.
In addition, some members here have recommended I try to intern at other companies when I'm not teaching which could help me get some work experience as well as network with other companies, and it would make things a lot easier in terms of looking for work when I come back home.
I'm kind of really late to the ballgame right now in terms of applying since schools start in September so I don't know what the likely hood of me being able to get a teaching job in a university or public school in a decent city in China. Training centre's aka language mills pay a bit better but most of them don't offer housing so that would be a big expense that I would need to pay out of pocket. Also I don't have a TEFL certificate and don't have much money saved up to pay for my flight to China, although I could always ask my parents to give me a loan and pay them back after 1-2 months in China once I get my paycheque. I'm really leaning towards this option because I would be able to save up a large chunk of my paycheque probably at least 50% because my housing would be paid for and cost of living is much lower compared to Toronto which I can use to pay off my student loans quickly. I'm predicting that I would be able to pay off my student loans in about 2-3 years going this route. Also I feel like I need a break from home to clear my mind and all because of these recent events. It would give me a fresh start.
I also considered moving out west to the oil fields, but it seems the job market isn't looking too good right now especially with the lower oil prices. Also even if I were to get a job here, the government would take like half of my paycheque because I would be taxed at the highest income tax bracket which kind of defeats the purpose to busting my balls 12hrs a day working there with nothing to do for a year except just labour away. Not really sure if this would be the best option for me from a mental health point.
I've been applying for work everyday, and have visited the employment services center as well as my university's career center several times a week getting my CV critiqued for each job I apply to. Obviously if I can get a good job here in Toronto soon that would be ideal, however I don't think that's going to happen, so it appears my second best option would be to teach over in China.
What do you guys think?