Students can no longer coast through college and expect a job upon graduation. It doesn’t work that way anymore! It takes planning, strategy, and an investment of your time and energy. You are the future work force and it’s time to invest in your career now. If you still need convincing, here are 15 frightening facts that may prod you to act now:
- A college education has gone up 23% in the last 10 years.
- Starting salaries have dropped 11% in the last 10 years.
- Less than 50% of students ever see the financial return on their investment in an advanced degree.
- 70 million baby boomers who should be retiring are staying in the job market, thus preventing new grads from entry into the workplace.
- 90% of young people feel they have to go to college in order to get a job. Most don’t know why they should go or what they should study.
- $100,000 is a reasonable fee for a top state or private university education.
- Less than 30% of students gain experience in a professional setting while they are still in school.
- 25 is the average age of a college grad before moving out of a parent’s house.
- 80% of jobs are achieved through networking.
- Less than 20% of grads had jobs when they graduated last year.
- The job seeker to job ratio is 6:1. Yikes!
- A young person will only spend an average of 18 months in a job.
- Today’s college grad can expect 9 careers with an average of 3 jobs in each one.
- It’s estimated that it will take 5 years to recoup the jobs we’ve lost from the recession.
- It’s estimated that it will take 10 years to fully recover from this recession.
(facts courtesy of careerealism.com)
I hope this motivates you to take action, stand out, and get hired. Not so long ago I was in your shoes -trust me, invest in your career now and you’ll see dividends later.
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