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SCHOOLBACK TO
Is It Worth It?
It’s that TIME OF YEAR
again!
When students trade their
BEACH BAGSfor
and head back to school.
BACKPACKS
Over 17 MILLION
will attend college during Fall 2013,
happens tw
ice a year..
.BACK
SCHOOL TO
and although going
among college s
tudents are at
all time highs. UNEMPLOYMENT
RATES
in Fact, the cost of a college degree has increased
in the last 30 years.1120%
1983 2013
And student loan debt has surpassed credit card debt at almost $1 TRILLION.
$856.5 BILLION $999.3 BILLION
Nowadays, many people
QUESTION...are asking the important
BACK SCHOOL? TO
Is it really worth it to go
Here are 3 FACTORSto think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
Here are 3 FACTORSto think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
MONEY
Here are 3 FACTORSto think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
MONEY
LIFESTAGE
Here are 3 FACTORSto think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
Will going BACK TO SCHOOLhelp you land a job or advance your career?
According to one study, 62% OF JOBS
62%
38%
2013
require a degree beyond high school.
This will rise to
25%
75%
75% OF JOBS
2020
62%
38%
2013
by the year 2020.
And in 2010,90% OF COLLEGE
from ’08-’10 were employed. GRADUATES
while only 64% OF PEERSnot attending college had jobs.
That will depend on the
JOByou’re in
or want to go
into.FIELD
Let’s break up careers into two categories:
Let’s break up careers into two categories:
EDUCATION
EDUCATION
Let’s break up careers into two categories:
EXPERIENCEvs.
Careers like ENGINEERS, EDUCATORS,
DOCTORS, LAWYERS, SCIENTISTS, ETC.definitely need/require
bachelor degrees and beyond.
STEM CAREERS also pay the most money, and have the highest
rates of employment.
In these jobs, the more KNOWLEDGE
you have, the more valuable you are.
ENTREPRENEURSHIP, ARTS, VOCATIONAL JOBS,
Careers like
experience may be MORE VALUABLE
then a degree.
For example, a degree doesn’t make a GRAPHIC
more talented. DESIGNER
Their PORTFOLIO may be more important
than their degree.
And you can’t forget the famous
COLLEGE who made
DROPOUTSBILLIONS!
BILLIONS!
And you can’t forget the famous
COLLEGE who made
DROPOUTS
And you can’t forget the famous
COLLEGE who made
DROPOUTSBILLIONS!
BILLIONS!
And you can’t forget the famous
COLLEGE who made
DROPOUTS
you have, the m
ore valuable you
are.
In these jobs, the more
TALENT EXPERIENCE
OR
MONEY
BACK
SCHOOL? TO Can you afford to go
That depends on your FINANCES.
That depends on your FINANCES.
which could depend on your AGE.
59.7% of college students are 15-23.
17.3%of college students are 24-29.
59.7% of college students are 15-23.
17.3%of college students are 24-29.
23%of college students are 30 and older.
59.7% of college students are 15-23.
Usually, the younger the COLLEGE STUDENTthe more they borrow in student loans.
Depending on the type of DEGREE and length of
TIME in school,
will determine how long it will take to
PAY BACK those loans.
The average time it takes to pay off a student loan is10 YEARS.
The average cost for a 4 YEAR private
college is about $200K
But the reported value of a 4 YEAR degree is $570K
$200K
And overall, a BACHELORS DEGREEtranslates into lifetime earnings of $1 MILLION.
+$1 MILLIONHIGH SCHOOL GRAD. COLLEGE GRAD.
LIFETAGES
Is it the right time in your life to go
BACK TOSCHOOL?
Think about where
LIFE CYCLE.you are in your
Are you a recent HIGH SCHOOL GRAD?
Going straight to college?
Are you a recent HIGH SCHOOL GRAD?
Going to work to save up?
Are you a recent HIGH SCHOOL GRAD?
OR
Are you a recent COLLEGE GRAD?
Going back to graduate school?
Are you a recent COLLEGE GRAD?
Going back to graduate school?
Ready for the real world?
Are you a recent COLLEGE GRAD?
OR
Are you planning onSTARTING A FAMILY?
Going to school to support the family?
Are you planning onSTARTING A FAMILY?
Are you planning on
Going to school to support the family?
Work first then back to school?
STARTING A FAMILY?
OR
Are you already aSEASONED PRO?
Want to make money through education?
Are you already aSEASONED PRO?
Want to make money through education?
Make more money through experience?
Are you already aSEASONED PRO?
OR
Are you almostREADY TO RETIRE?
Want relaxation full-time?
Are you almostREADY TO RETIRE?
Want to learn something new?Want relaxation
full-time?
Are you almostREADY TO RETIRE?
OR
Now what have we
today class?LEARNED
When thinking about going BACK TO SCHOOL,Remember these3 FACTORS:
JOB
MONEY
LIFESTAGE
Remember these3 FACTORS:When thinking about going BACK TO SCHOOL,
Going back to school is
HUGEDECISION...
A decision that one should be mentally, emotionally, and financially
READY FOR.
We hope this PRESENTATION
can provide you the clarity you need!
Thanks forATTENDING!
Until next time!
Created byJAIRUS.
http://money.usnews.com/money/blogs/outside-voices-careers/2012/10/11/should-you-go-back-to-school-for-your-careerhttp://adulted.about.com/od/goingbacktoschool/tp/10-Considerations.htmhttp://www.usnews.com/debate-club/is-a-college-degree-still-worth-ithttp://www.economicpolicyjournal.com/2013/04/is-it-worth-paying-big-bucks-to-go-to.htmlhttp://business.time.com/2012/04/17/here-we-go-again-is-college-worth-it/http://www.foxnews.com/opinion/2013/05/02/is-college-worth-it/http://www.payscale.com/college-salary-report-2013/full-list-of-schoolshttp://www.statisticbrain.com/college-enrollment-statistics/http://data.bls.gov/timeseries/LNS14000000http://money.usnews.com/money/blogs/outside-voices-careers/2013/07/18/is-it-worth-it-to-get-a-masters-degree
OURCES:S
LEARN MORE BELOW from these presentations!