Here
are little-known-facts that parents and young adults
should know:
HIGH SCHOOL
Most teenagers cannot list their best abilities
or preferred occupations due to limited awareness
of inborn talents or knowledge of the workplace
High schoolers are unrealistic about educational/training
requirements for jobs titles
High school guidance counselors admit to spending
only 10% of their time on career matters due
to high caseload of +500 students; so teens rarely
acquire essential planning skills
Students respond well to personalized college/career
advice since they grew up with athletic coaches,
music teachers, dance/theater instructors and
SAT/ACT tutors
Many college-bound individuals select a campus
without matching academic majors to their strengths
(which can result in extended time-in-school
and costly fees associated with a transfer)
COLLEGE
80% of college freshman are uncertain about
an academic major
65% of undergraduates change majors 2-3 times
(which extends class time and debt)
Only 50% of students who begin college actually
graduate (often due to lack of direction)
Average tuition/room-n-board
expenses are $15,500 for state university and
$32,000 for private institution (with annual
increase of 10% — a 78% spike in past 20
years)
Majority of collegians now take 5-years to earn
bachelor’s degree but families usually
budget for 4 years
Tuition/living/travel expenses for 5-years are
$80,000 for state university and $175,000 for
an elite college
Less than 10% of jobs are found via internet
job boards but most students mistakenly rely
on this over-rated technique
Traditional resumes are no longer effective
since a job-hunter must now send 500 resumes
to schedule one interview
70% of job leads are generated from the “hidden
job market” of personal contacts but few
collegians understand how to tap influential
professionals (who can refer them to hiring managers)
Every year there is a 20-25% over-supply of
graduates for entry-level jobs — which makes
it extremely competitive to secure a quality
position
AFTER COLLEGE
60% of university alumni are still unclear about
career choice after leaving campus
Average post-college debt is $20,000 per person
33% of graduates leave their first employer
within three years (which reflects the current
trend of life shopping — or “browsing” for
the perfect job)
A typical young person has eight jobs by age
30; this trial-n-error habit causes anxiety,
lost income and crippling debt
75% of Americans say they are disengaged from
their work; 83% wish they had more of what matters
in life
Only 20% of Americans say they are passionate
about their job
Young adults claim to feel the most distress
and least loyalty to their employer
“30 is the new 20” for life decisions
so individuals take longer to settle into a career
A popular TV show among 20-Somethings is “The
Office” -- which mocks cubicle workers
stuck in dead-end jobs
Recent books/songs have chronicled the so-called “quarter-life
crisis”
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