Doors close December 17, 2010. The company that bought us out is located 75 miles away from my place of employment (soon to close). The salary they may offer is about 1/2 of what I am making. They require a degree. That I did not complete. Single mother of two I have worked hard without a degree and this company took care of us and paid me well.
I did the math and I would be making more to draw unemployment. I would like to go back to college and get a degree in Web Programming and Web
Design. Not sure if this is going to work out the way I would like it to.
My furnace just went out and had to be replaced. Home Depot was kind enough to finance that for me. I have a vehicle payment that will be done early 2012. My house payment is low - I have that going for me. It is going to be tight for about a year and a half. This can be done.
College grants may not be available to 50 year old women. I am beginning my process. If not I will have to get loans. Unemployment will pay enough for me to pay house and vehicle, however, there will not be enough to take on another loan.
I have worked since I was 14. I have never drawn unemployment. I have always paid my bills. Currently I have great credit. I would like to keep this status. Not sure how this will all pan out.
I realize I am not the first or only one in this situation. It is comforting in a way to know 80% of the people here in Michigan (not sure of that stat) are in my situation - or worse.
http://gan.doubleclick.net/gan_click?lid=41000000030977747&pubid=21000000000314868
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