During the Great Recession (2007 – 2009), there was a higher percentage in higher education, where consumers globally invested their time and money.

During the Great Recession (2007 – 2009), there was a higher percentage in higher education, where consumers globally invested their time and money. Both countries and individuals may believe higher education, such as attending a university or trade school, can help increase their incomes. “According to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), enrollment in colleges and universities rose one-third in China and almost two-thirds in Saudi Arabia, nearly doubled in Pakistan, tripled in Uganda, and surged by three million—18 percent—in the United States”. (Greenlaw, 2018, p. 148).

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