Back to School Is It Worth It?

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SCHOOL BACK TO Is It Worth It?

Transcript of Back to School Is It Worth It?

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SCHOOLBACK TO

Is It Worth It?

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It’s that TIME OF YEAR

again!

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When students trade their

BEACH BAGSfor

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and head back to school.

BACKPACKS

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Over 17 MILLION

will attend college during Fall 2013,

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happens tw

ice a year..

.BACK

SCHOOL TO

and although going

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among college s

tudents are at

all time highs. UNEMPLOYMENT

RATES

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in Fact, the cost of a college degree has increased

in the last 30 years.1120%

1983 2013

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And student loan debt has surpassed credit card debt at almost $1 TRILLION.

$856.5 BILLION $999.3 BILLION

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Nowadays, many people

QUESTION...are asking the important

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BACK SCHOOL? TO

Is it really worth it to go

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Here are 3 FACTORSto think about when deciding if going

BACK TO SCHOOL is right for you.

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JOB

Here are 3 FACTORSto think about when deciding if going

BACK TO SCHOOL is right for you.

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JOB

MONEY

Here are 3 FACTORSto think about when deciding if going

BACK TO SCHOOL is right for you.

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JOB

MONEY

LIFESTAGE

Here are 3 FACTORSto think about when deciding if going

BACK TO SCHOOL is right for you.

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JOB

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Will going BACK TO SCHOOLhelp you land a job or advance your career?

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According to one study, 62% OF JOBS

62%

38%

2013

require a degree beyond high school.

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This will rise to

25%

75%

75% OF JOBS

2020

62%

38%

2013

by the year 2020.

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And in 2010,90% OF COLLEGE

from ’08-’10 were employed. GRADUATES

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while only 64% OF PEERSnot attending college had jobs.

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That will depend on the

JOByou’re in

or want to go

into.FIELD

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Let’s break up careers into two categories:

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Let’s break up careers into two categories:

EDUCATION

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EDUCATION

Let’s break up careers into two categories:

EXPERIENCEvs.

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Careers like ENGINEERS, EDUCATORS,

DOCTORS, LAWYERS, SCIENTISTS, ETC.definitely need/require

bachelor degrees and beyond.

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STEM CAREERS also pay the most money, and have the highest

rates of employment.

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In these jobs, the more KNOWLEDGE

you have, the more valuable you are.

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ENTREPRENEURSHIP, ARTS, VOCATIONAL JOBS,

Careers like

experience may be MORE VALUABLE

then a degree.

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For example, a degree doesn’t make a GRAPHIC

more talented. DESIGNER

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Their PORTFOLIO may be more important

than their degree.

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And you can’t forget the famous

COLLEGE who made

DROPOUTSBILLIONS!

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BILLIONS!

And you can’t forget the famous

COLLEGE who made

DROPOUTS

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And you can’t forget the famous

COLLEGE who made

DROPOUTSBILLIONS!

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BILLIONS!

And you can’t forget the famous

COLLEGE who made

DROPOUTS

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you have, the m

ore valuable you

are.

In these jobs, the more

TALENT EXPERIENCE

OR

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MONEY

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BACK

SCHOOL? TO Can you afford to go

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That depends on your FINANCES.

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That depends on your FINANCES.

which could depend on your AGE.

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59.7% of college students are 15-23.

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17.3%of college students are 24-29.

59.7% of college students are 15-23.

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17.3%of college students are 24-29.

23%of college students are 30 and older.

59.7% of college students are 15-23.

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Usually, the younger the COLLEGE STUDENTthe more they borrow in student loans.

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Depending on the type of DEGREE and length of

TIME in school,

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will determine how long it will take to

PAY BACK those loans.

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The average time it takes to pay off a student loan is10 YEARS.

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The average cost for a 4 YEAR private

college is about $200K

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But the reported value of a 4 YEAR degree is $570K

$200K

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And overall, a BACHELORS DEGREEtranslates into lifetime earnings of $1 MILLION.

+$1 MILLIONHIGH SCHOOL GRAD. COLLEGE GRAD.

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LIFETAGES

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Is it the right time in your life to go

BACK TOSCHOOL?

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Think about where

LIFE CYCLE.you are in your

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Are you a recent HIGH SCHOOL GRAD?

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Going straight to college?

Are you a recent HIGH SCHOOL GRAD?

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Going to work to save up?

Are you a recent HIGH SCHOOL GRAD?

OR

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Are you a recent COLLEGE GRAD?

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Going back to graduate school?

Are you a recent COLLEGE GRAD?

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Going back to graduate school?

Ready for the real world?

Are you a recent COLLEGE GRAD?

OR

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Are you planning onSTARTING A FAMILY?

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Going to school to support the family?

Are you planning onSTARTING A FAMILY?

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Are you planning on

Going to school to support the family?

Work first then back to school?

STARTING A FAMILY?

OR

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Are you already aSEASONED PRO?

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Want to make money through education?

Are you already aSEASONED PRO?

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Want to make money through education?

Make more money through experience?

Are you already aSEASONED PRO?

OR

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Are you almostREADY TO RETIRE?

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Want relaxation full-time?

Are you almostREADY TO RETIRE?

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Want to learn something new?Want relaxation

full-time?

Are you almostREADY TO RETIRE?

OR

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Now what have we

today class?LEARNED

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When thinking about going BACK TO SCHOOL,Remember these3 FACTORS:

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JOB

MONEY

LIFESTAGE

Remember these3 FACTORS:When thinking about going BACK TO SCHOOL,

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Going back to school is

HUGEDECISION...

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A decision that one should be mentally, emotionally, and financially

READY FOR.

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We hope this PRESENTATION

can provide you the clarity you need!

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Thanks forATTENDING!

Until next time!

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Created byJAIRUS.

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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

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