Documente Academic
Documente Profesional
Documente Cultură
Student
Career
Planning
College, Career & Life Planning
Think About It
People Often Invest More Time
Planning Their Vacation Than
Planning Their Career.
Career Decision
Determines
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?
College, Career & Life Planning
Career Planning
Dilemma
The Stakes Have Never Been Higher
The Tools are Available
The Challenge is to Inform &
Motivate
College, Career & Life Planning
Lifetime Value
of Education
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
Less than
High School
Diploma
High School
Diploma
Some College
w /o Degree
Associates
2 yrs.
Bachelors
4 yrs.
Masters
6 yrs.
Prof essional
7+ yrs.
Doctoral
8 yrs.
Hours Invested
90000
80000
70000
60000
50000
40000
30000
20000
10000
0
Grades 1-12
College
Working
House Price
$100,000
$150,000
$200,000
$250,000
$300,000
$400,000
6.0%
$32,857
$49,286
$65,714
$82,143
$98,571
$131,429
6.5%
$34,229
$51,343
$68,457
$85,571
$102,686
$136,914
7.0%
$35,643
$53,464
$71,286
$89,107
$106,929
$142,571
7.5%
$37,143
$55,714
$74,286
$92,857
$111,429
$148,571
8.0%
$38,600
$57,900
$77,200
$96,500
$115,800
$154,400
Assumptions
o 30 yr. fixed rate mortgage. Property tax & Insurance is 2% of market value.
o No downpayment.
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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Typical Resources
Used to Pick a Career
1. TV => There is a big difference between TV drama and
real life.
2. Friends => Theyll 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. Lifes Interactions => OK, you have used the services of
Dentists, Pharmacists, Teachers, etc. but Do you really
know what it is like to do their job?
4. Parent => A great source, if your parents career happens
to be the right one out of several hundred possibilities for
you.
12
Better Resources to
Pick 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
College, Career
& Life Planning job outlook, earnings, etc.
requirements,
13
Better Resources to
Pick a Career
Talk to People in Careers of Interest
1. Parents Friends
2. Friends Parents
3. Acquaintances from Lifes 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.
15
College, Career & Life Planning
Suggestions Before
Starting
16
Your Interests
(e.g., people, math, science)
Your Needs
(e.g., income, growth,
personal fulfillment)
Identify Career
Possibilities
Occupational
Outlook Summaries
Evaluate/Select a
Career
College, Career & Life Planning
CareerOneStop Job
Summaries & Videos
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