College, Career & Life Planning 1 High School Student Career Planning

College, Career & Life Planning 1

High School Student Career

Planning


1. How many hours do you think you spend in school from grades 1-12?

2. Why do you go to school?3. What are three things you are passionate

about?

Questions for Students


Career- an occupation undertaken for a significant period of a person's life and with opportunities for progress.


1. How you spend most of your "awake" hours for the next 40 years?

2. Your opportunities for personal satisfaction and growth.

3. Your ability to meet your family's needs (e.g. housing, medical, college).

4. Your ability to eventually retire with the financial resources to enjoy it?

Career DecisionDetermines


Lifetime Valueof Education

Less than High School Diploma

High School Diploma

Some College w/o Degree

Associates 2 yrs.

Bachelors 4 yrs.

Masters 6 yrs.

Professional 7+ yrs.

Doctoral 8 yrs.

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000


http://www.npr.org/2014/02/11/275297408/going-to-college-may-cost-you-but-so-will-skipping-it






Hours Invested

Grades 1-12 College Working0

10000

20000

30000

40000

50000

60000

70000

80000

90000


How Much IncomeDo I Need?

Annual Income Required (Given Various Interest Rates)

House Price 6.0% 6.5% 7.0% 7.5% 8.0%$100,000 $32,857 $34,229 $35,643 $37,143 $38,600$150,000 $49,286 $51,343 $53,464 $55,714 $57,900$200,000 $65,714 $68,457 $71,286 $74,286 $77,200$250,000 $82,143 $85,571 $89,107 $92,857 $96,500$300,000 $98,571 $102,686 $106,929 $111,429 $115,800$400,000 $131,429 $136,914 $142,571 $148,571 $154,400

Assumptions

o 30 yr. fixed rate mortgage. Property tax & Insurance is 2% of market value.

o No downpayment. 100% of house price is financed to simplify analysis.

o Principal, Interest, Prop Tax & Insurance will be 28% of Gross Income

o House is a family's biggest expense and a reasonable indication of lifestyle.


How Much Will AHouse Cost?

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Pittsbu

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Dallas

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Atlant

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Tampa

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FL

Bosto

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New Y

ork,

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Los

Angele

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Anahe

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San F

ranc

isco,

CA

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Median Price of Existing Single Family Homes (Select U.S. Cities) 2004


• Easy to procrastinate.•Too scary to think about.• Too busy. No more homework!• Don’t know where to begin.• Don’t see the value.

Why Some Students Do Not Care


“Typical” Resources Used to Pick a Career

1. TV => There is a big difference between TV drama and “real life”.

2. Friends => They’ll know what sounds “cool”, but unless they have proactively used the career /college tools available, they are probably not a knowledgeable source of information.

3. Life’s Interactions => OK starting point, you have used the services of Dentists, Pharmacists, Teachers, etc. but… Do you really know what it is like to do their job?


Best Resources to Research a Career

“Free” on-line resources

1. To clarify your interest/fit with various careers

2. To compare your personal skills/strengths against those required by various careers

3. To determine which careers offer the most opportunity

4. To develop your list of careers for consideration

5. To learn about the nature of work, education requirements, job outlook, earnings, etc.


Better Resources to Pick a Career

Talk to People in Careers of Interest

1. Parent’s Friends

2. Friend’s Parents

3. Acquaintances from “Life’s Interactions” (e.g. teachers, dentists, store managers)

4. Career Day Presenters

5. Volunteering, Internships, Job Shadowing


Suggestions Before Starting

1. Don't select a career based solely on $$$. 2. Do pick a career for which jobs are available with income

levels adequate to meet your family's financial needs.3. Don't expect a quick, easy answer. The career planning

process requires time and effort. Invest the time to identify/evaluate careers that "fit" your needs, interests and abilities.

4. Do use a variety of tools and talk to several people in each career of interest.

5. Don't get discouraged or discredit the process when some “obviously” unacceptable careers appear on a list generated by an interest assessment tool (they will). Career planning is not a precise science. Reason and judgment must be applied.


Your Interests(e.g., people, math, science)

Identify CareerPossibilities

Your Strengths(e.g., creativity,

leadership, writing)

Your Needs(e.g., income, growth,personal fulfillment)

Occupational Outlook Summaries

CareerOneStop Job Summaries & Videos

Networking, Internships, Job Shadowing, Volunteering

Evaluate/Select a Career

Career Planning Process


1. Get motivated

2. Self Analysis

3. Develop a list of jobs to consider

4. Get on-line information for evaluation

5. Evaluate job options

6. Prepare a job comparison summary

7. Talk to people in occupations of strong interest.

8. Choose the “right” industry and company.

Career Planning Process


• Naviance

• www.collegecareerlifeplanning.com

Tools

• College Planning Tools (Selecting, Applying & Financing) Naviance

• Career Planning Tools (Self-assessment, Identify Careers Prospects, Retrieve Required Information, Evaluate Careers, Company/Industry Information, Evaluate Companies/Industries, Job Basics)

Web Site Tool Demo

http://www.collegecareerlifeplanning.com/


The Door is Open. Will You Enter?

• Invest time to review/use the

tools

to make informed decisions. • Tell others who might benefit

(friends,

cousins, neighbors, siblings)

Your Future Depends On It


http://www.youtube.com/watch?v=jpe-LKn-4gM



Documents

College, Career & Life Planning 1 High School Student Career Planning