college, career & life planning 1 high school student career planning
TRANSCRIPT
College, Career & Life Planning 1
High School Student Career
Planning
College, Career & Life Planning 2
1. How many hours do you think you spend in school from grades 1-12?
2. Why do you go to school?3. What are three things you are passionate
about?
Questions for Students
College, Career & Life Planning 3
Career- an occupation undertaken for a significant period of a person's life and with opportunities for progress.
College, Career & Life Planning 4
1. How you spend most of your "awake" hours for the next 40 years?
2. Your opportunities for personal satisfaction and growth.
3. Your ability to meet your family's needs (e.g. housing, medical, college).
4. Your ability to eventually retire with the financial resources to enjoy it?
Career DecisionDetermines
College, Career & Life Planning 5
Lifetime Valueof Education
Less than High School Diploma
High School Diploma
Some College w/o Degree
Associates 2 yrs.
Bachelors 4 yrs.
Masters 6 yrs.
Professional 7+ yrs.
Doctoral 8 yrs.
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
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http://www.npr.org/2014/02/11/275297408/going-to-college-may-cost-you-but-so-will-skipping-it
College, Career & Life Planning 7
Hours Invested
Grades 1-12 College Working0
10000
20000
30000
40000
50000
60000
70000
80000
90000
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How Much IncomeDo I Need?
Annual Income Required (Given Various Interest Rates)
House Price 6.0% 6.5% 7.0% 7.5% 8.0%$100,000 $32,857 $34,229 $35,643 $37,143 $38,600$150,000 $49,286 $51,343 $53,464 $55,714 $57,900$200,000 $65,714 $68,457 $71,286 $74,286 $77,200$250,000 $82,143 $85,571 $89,107 $92,857 $96,500$300,000 $98,571 $102,686 $106,929 $111,429 $115,800$400,000 $131,429 $136,914 $142,571 $148,571 $154,400
Assumptions
o 30 yr. fixed rate mortgage. Property tax & Insurance is 2% of market value.
o No downpayment. 100% of house price is financed to simplify analysis.
o Principal, Interest, Prop Tax & Insurance will be 28% of Gross Income
o House is a family's biggest expense and a reasonable indication of lifestyle.
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How Much Will AHouse Cost?
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ork,
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Los
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Anahe
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San F
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$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Median Price of Existing Single Family Homes (Select U.S. Cities) 2004
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• Easy to procrastinate.•Too scary to think about.• Too busy. No more homework!• Don’t know where to begin.• Don’t see the value.
Why Some Students Do Not Care
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“Typical” Resources Used to Pick a Career
1. TV => There is a big difference between TV drama and “real life”.
2. Friends => They’ll know what sounds “cool”, but unless they have proactively used the career /college tools available, they are probably not a knowledgeable source of information.
3. Life’s Interactions => OK starting point, you have used the services of Dentists, Pharmacists, Teachers, etc. but… Do you really know what it is like to do their job?
College, Career & Life Planning 12
Best Resources to Research a Career
“Free” on-line resources
1. To clarify your interest/fit with various careers
2. To compare your personal skills/strengths against those required by various careers
3. To determine which careers offer the most opportunity
4. To develop your list of careers for consideration
5. To learn about the nature of work, education requirements, job outlook, earnings, etc.
College, Career & Life Planning 13
Better Resources to Pick a Career
Talk to People in Careers of Interest
1. Parent’s Friends
2. Friend’s Parents
3. Acquaintances from “Life’s Interactions” (e.g. teachers, dentists, store managers)
4. Career Day Presenters
5. Volunteering, Internships, Job Shadowing
College, Career & Life Planning 14
Suggestions Before Starting
1. Don't select a career based solely on $$$. 2. Do pick a career for which jobs are available with income
levels adequate to meet your family's financial needs.3. Don't expect a quick, easy answer. The career planning
process requires time and effort. Invest the time to identify/evaluate careers that "fit" your needs, interests and abilities.
4. Do use a variety of tools and talk to several people in each career of interest.
5. Don't get discouraged or discredit the process when some “obviously” unacceptable careers appear on a list generated by an interest assessment tool (they will). Career planning is not a precise science. Reason and judgment must be applied.
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Your Interests(e.g., people, math, science)
Identify CareerPossibilities
Your Strengths(e.g., creativity,
leadership, writing)
Your Needs(e.g., income, growth,personal fulfillment)
Occupational Outlook Summaries
CareerOneStop Job Summaries & Videos
Networking, Internships, Job Shadowing, Volunteering
Evaluate/Select a Career
Career Planning Process
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1. Get motivated
2. Self Analysis
3. Develop a list of jobs to consider
4. Get on-line information for evaluation
5. Evaluate job options
6. Prepare a job comparison summary
7. Talk to people in occupations of strong interest.
8. Choose the “right” industry and company.
Career Planning Process
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• Naviance
• www.collegecareerlifeplanning.com
Tools
• College Planning Tools (Selecting, Applying & Financing) Naviance
• Career Planning Tools (Self-assessment, Identify Careers Prospects, Retrieve Required Information, Evaluate Careers, Company/Industry Information, Evaluate Companies/Industries, Job Basics)
Web Site Tool Demo
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The Door is Open. Will You Enter?
• Invest time to review/use the
tools
to make informed decisions. • Tell others who might benefit
(friends,
cousins, neighbors, siblings)
Your Future Depends On It
College, Career & Life Planning 19
http://www.youtube.com/watch?v=jpe-LKn-4gM