Jobs, economy, career issues -- always on my mind, and probably yours as well. But a show-stopper I saw this week was a WSJ article on "The Declining Value of Your College Degree."

There are no guarantees in life, everybody knows that. And a college degree (and beyond) tremendously increases your lifetime earnings -- everybody knows that, too. But knowing that simply having a degree won't insure a steadily rising income -- or even a job for you -- is tough to swallow.

This is not to say you'll never face a layoff (you probably will!) or be forced to take a job for less money (equally possible). During the dot-com bust a few years ago, I joined the tens of thousands of college-educated professionals who had to deal with those realities. What did I do? I took those skills and changed industries -- same job, different sector.

Self-defense, as outlined in the WSJ article, is key -- diversify, as they say in the investment world. When applying for a new job, it's not unusual to hear a prospective employer ask how you've kept up your skill levels (and you MUST have an answer for this question).

It's easier to do if you start now, while you are still employed, and the rules are pretty basic. First, network like crazy. Join professional organizations, social organizations, take new courses, keep current or learn additional skills. Would it make sense for you to try out a little freelance work, a volunteer gig, maybe even a (very) small business venture? Absolutely!

Now you'll have a plan, now you'll have more confidence in your ability to stretch, and now you'll be better able to withstand tough times -- making the most out of that college degree of yours.
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