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SCHOOL
BACK TO
Is It Worth It?
It’s that
TIME OF YEAR
again!
When students trade their
BEACH BAGS
for
and head back to school.
BACKPACKS
Over17 MILLION
will attend college during Fall 2013,
happens twice a year...
BACK
SCHOOL
TO
and although going
among college students 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 FACTORS
to think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
Here are 3 FACTORS
to think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
MONEY
Here are 3 FACTORS
to think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
MONEY
LIFE
STAGE
Here are 3 FACTORS
to think about when deciding if going
BACK TO SCHOOL is right for you.
JOB
Will going BACK TO SCHOOL
help 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 PEERS
not attending college had jobs.
That will depend on the
JOB
you’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
PORTFOLIOmay be more important
than their degree.
And you can’t forget the famous
COLLEGEwho made
DROPOUTS
BILLIONS!
BILLIONS!
And you can’t forget the famous
COLLEGEwho made
DROPOUTS
And you can’t forget the famous
COLLEGEwho made
DROPOUTS
BILLIONS!
BILLIONS!
And you can’t forget the famous
COLLEGEwho made
DROPOUTS
you have, the more 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 STUDENT
the 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 is
10 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 DEGREE
translates into lifetime earnings of
$1 MILLION.
+$1 MILLION
HIGH SCHOOL GRAD. COLLEGE GRAD.
LIFE
TAGE
S
Is it the right time
in your life to go
BACK TO
SCHOOL?
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 on
STARTING A FAMILY?
Going to school to
support the family?
Are you planning on
STARTING 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 a
SEASONED PRO?
Want to make money
through education?
Are you already a
SEASONED PRO?
Want to make money
through education?
Make more money
through experience?
Are you already a
SEASONED PRO?
OR
Are you almost
READY TO RETIRE?
Want relaxation
full-time?
Are you almost
READY TO RETIRE?
Want to learn
something new?
Want relaxation
full-time?
Are you almost
READY TO RETIRE?
OR
Now what have we
today class?
LEARNED
When thinking about going BACK TO SCHOOL,
Remember these
3 FACTORS:
JOB
MONEY
LIFE
STAGE
Remember these
3 FACTORS:
When thinking about going BACK TO SCHOOL,
Going back to school is
HUGE
DECISION...
A decision that one should be
mentally, emotionally, and financially
READY FOR.
We hope this
PRESENTATIONcan provide you the clarity you need!
Thanks for
ATTENDING!
Until next time!
Created by
JAIRUS.
http://money.usnews.com/money/blogs/outside-voices-careers/2012/10/11/should-you-go-back-to-school-for-
your-career
http://adulted.about.com/od/goingbacktoschool/tp/10-Considerations.htm
http://www.usnews.com/debate-club/is-a-college-degree-still-worth-it
http://www.economicpolicyjournal.com/2013/04/is-it-worth-paying-big-bucks-to-go-to.html
http://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-schools
http://www.statisticbrain.com/college-enrollment-statistics/
http://data.bls.gov/timeseries/LNS14000000
http://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!

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