#LaborDay #jobs #employment #QuittingYourJob #economy
Young professionals are quitting their jobs before they find new ones.
And they are finding new ones quickly.
So reports Michael E. Kanell, business and economics reporter for The Atlanta Journal-Constitution. His article appeared on Labor Day, Sept. 2, 2019.
Kanell uses the example of Lindsey Roushdi, who had a job as an accountant for a solar company. The industry was seeing a bit of upheaval, so Lindsey decided to move on, Kanell writes.
After talking to a recruiter, within a few hours, she secured a list of 45 job openings that suited her qualifications, according to the article. She got a job almost immediately at a studio.
Kanell quotes a number of young folks who seem to have their pick of jobs. They probably would have never thought about quitting a job without having another one to go to a decade ago.
That’s a good thing.
However, there are many stories out there of those who aren’t thriving. Since the job market is better than 10 years ago, they may have found work. But the new work doesn’t pay close to what they received from the job they lost.
Some of them are even cobbling together multiple jobs to survive.
So, if the economy is so good, why isn’t everyone thriving? Automation, technology and efficiencies have robbed the economy of many good-paying jobs, particularly for those who don’t have college degrees.
A second reason: Many with college degrees are graduating with so much debt, In fact, according to a recent “60 Minutes” piece, New York University Medical School has gone tuition-free, thanks to the generosity of many benefactors.
Many doctors come out of school with six-figure debt. And, if they go into a practice like internal medicine, family medicine or pediatrics – the so-called primary care group – they may not make enough money to live a good life AND pay off their debt. Though you may find it difficult to have sympathy for doctors’ finances, the primary care folks aren’t living the lucrative life you may think.
Yes, economic numbers are good. Unemployment is low. But the quality of life for many has still deteriorated. Those lives will deteriorate further if the economy tanks, which experts say it will eventually.
What to do? First, if you have a job you like, don’t presume it will be there forever. Reorganizations, bad managers, efficiencies etc. can kill perfectly good careers.
If you don’t have a job you like, or that pays you enough to live a decent life, there is hope. The only requirement is for you to be ambitious, coachable and have a need or desire to change your situation.
There are many programs out there that can allow you to make a good income by investing a few, part-time, non-work hours a week to make it happen, without it seeming like a “second job.”
To learn about one of the best such programs, message me.
Meanwhile, don’t get too cocky at work. If you don’t like your job, find a different one. According to Kanell and other experts, there are more available jobs than officially unemployed people. Hopefully, you can find one to your liking.
Meanwhile, do so BEFORE you quit your current job. You may not be as lucky as the young folks in Kanell’s article.
It’s certainly great to dream, and most dreams are achievable with the right attitude, effort and willingness to look at things that may be outside your comfort zone.
So look and listen. You never know when that great life-changing thing comes your way.
Peter
Tag Archives: jobs
JOB MARKET BRINGS OUT OLDER WOMEN
#JobMarket #women #OlderWomen #employment #BackInWorkforce
Erica Hernandez, at age 54, decided to go back to work after 19 years as a stay-at-home mom.
The best job market in half a century has been a boon for older women going back to work, typically after raising children for nearly 20years, according to an article in The Atlanta Journal-Constitution published April 1, 2019.
The 3.8 percent unemployment rate is near a 50-year-low, and there were a near-record 7.6 million job openings in January, the article quotes Labor Department figures.
In Hernandez’s case, she and her husband’s retirement fund had been depleted while she stayed home, and they were unable to do a lot of dining out and other fun things, the article says.
“My husband shouldered the burden all these years,” Hernandez, from South San Francisco, is quoted in the article.
Incidently, Hernandez did not get a job as a public relations executive, as she once was. She got a job as an administrative assistant, according to the article.
Therein lies the rub. Certainly, there are jobs out there for older women and others. But are the jobs as good as the job a person previously held? In many cases, they pay much less.
It’s tough for anyone who has been out of the work force for a time to go back to a job that was as good, or better, than the one they once had.
In some cases, people have lost jobs through reorganization, downsizing etc. What they find when they check out the job market is: what’s out there generally pays less, and often require as many or more working hours.
In other cases, what might be available may not give a person enough working hours to make a living. That induces people to cobble together an income with several part-time jobs, or even several full-time jobs, to allow them to live the life they’ve known.
If you are an older woman, like Hernandez, the income may not matter to you, as long as you can squirrel it away for retirement, college tuition etc. And, there could be less stress than she may have been accustomed to in her previous career.
But for others who may be approaching retirement, or facing college bills, it may not be such a convenient choice.
If that sounds like your situation, there are alternatives. First, if you have children going to college, or getting ready for college, talk to them about your financial situation. If they can apply for scholarships, and get them, that certainly helps. But, a good student can postpone college for a time and get a job that will help pay for it. This may be the only good reason to have adult children living at home.
After that discussion, determine that your retirement will be the priority. If the kids really want to go to college that badly, put the onus on them to figure out how to pay for it.
Secondly, there are many vehicles out there that can provide an income without having to take a W-2 job.They are suitable to anyone, regardless of age, education and background, if the person is willing to check them out. In fact, the income potential could potentially exceed any expected income from a traditional job. To check out one of the best such vehicles, message me.
The article about older women going back to work points out that these ladies face many obstacles, including rusty skills, a lack of confidence, employer discrimination, new technologies and social media.
If you care not to deal with those obstacles, and want to earn extra money to fund your retirement and other expenses, you may have to think outside your comfort zone and look at something completely different.
Peter
GLAD GRADS: PART 2
#GladGrads #graduations #LifeAfterGraduation #graduation #CollegeGraduation
Last week, we talked about different graduates on different missions, as we celebrate the season of degrees.
Sue Shellenbarger, who writes a Work and Family column for The Wall Street Journal, suggests six “new rules” for post-college employment searches.
In her May 7, 2019, column she cites the example of Kyle Gilchrist, 23, who graduated from Georgia Southern University in Statesboro, Ga., last December with a degree in political science. He had good grades, good debate skills and served an internship with a U.S. congressman.
He found his job options limited because he didn’t have work experience.
That brings us to Shellenbarger’s first suggestion: get work experience before graduating. Her second suggestion: start building a job search network early. Thirdly, acquire technical, analytical and interpersonal skills that may not be taught in the college courses you take. Fourthly, don’t over-rely on online job boards, which harkens back to building a job search network early. Networking involves people and personal contact, not Web sites.
Her fifth suggestion is to build a robust LinkedIn profile. Many experts believe that the conventional way to apply for a job – having a resume and knocking on doors, will eventually be surpassed as employers search sites like LinkedIn for the people they want.
Lastly, she suggests seeking out other adult mentors for advice. Those may be parents, teachers or others in your social circle who have the wisdom to guide you.
“Nearly 2 million students will emerge from U.S. colleges with bachelor’s degrees this year. Many will enter a job market their parents barely recognize,” Shellenbarger writes.
Though the labor market is tight, competition is fierce, she says.
Some grads will have more marketable degrees than others. Some will have more school debt than others.
Not only is getting a job hard for some, but also the job(s) they are offered don’t pay close to what they need to make a living, let alone pay off debt.
Like acorns, jobs may be plentiful, but hardly, in many cases, provide the nourishment and good taste humans want and need. As you think of acorns, also think of the squirrel running inside a wheel. Many jobs will feel like that to you – a lot of energy expended and very little, if any, progress to show for it.
If you find yourself in that situation, don’t worry. There are many vehicles out there that can produce a potentially lucrative income, starting with a few, part-time hours a week. The only requirement is an openness to look at them, and a willingness to do what it takes to succeed at them. To check out one of the best such vehicles, message me.
Remember, a college degree is helpful in landing a job, but doesn’t guarantee you one. You may decide that the degree you got, though enlightening in its pursuit, can’t always bring big bucks into your life. You may have to decide that pursuing your passion may require an ancillary pursuit of other income.
Again, be glad to graduate. Know that getting a good job won’t necessarily be easy. Still, work hard, dream big and be open to other helpful solutions.
Your circumstances don’t define you. How you deal with them does.
Peter
BACK AND FORTH: DECISIONS, DECISIONS
#decisions #OverThinking #marriage #willpower #jobs
When someone goes back and forth with a decision, some may call him analytical.
Others may call him indecisive.
Still others may call him thoughtful or deliberate.
Naturally, we all should think before we do. But, sometimes, over-thinking can steal opportunities.
The science, or art, if you prefer, of thought is knowing when to make a decision.
Some decisions, like whom to marry, are often made on not necessarily impulse, but emotion. Sometimes, more thought is required. Other times, if you feel the person is right for you and you could lose him or her by pausing to think, you may go with your emotion and hope not to regret later.
Other decisions require immediate action. An investment opportunity comes along that could cost you if you wait to think more. This requires some quick calculation, or complete trust in the person who brought you the opportunity. It’s natural not to trust someone else, but here’s where you have to trust yourself as much or more as you trust someone else.
Then, there are the choices that require willpower, such as the choice to pass up the cake in the buffet line in lieu of a salad. Here, the decision involves how often you eat cake, how seldom you treat yourself, how often you do other things to compensate for the cake etc.
Besides whether or whom to marry, there are other life choices we all have to make. Let’s start with our jobs. Are we doing a job just because it pays us? Are we doing a job because we actually like what we are doing? Are we doing a job because, well, someone has to do it?
All jobs pay, and most don’t pay nearly enough to live the lives we would like to live. If that resembles your situation, you can do one of many things: first, you can stay at it and hope things will improve; second, you can stay at it while continuing to look for something better; third, you can stay at it while squirreling away savings, and investing those savings, until you have enough to retire; or, lastly, you can stay at it while doing something else part-time, outside of work, that will enhance your income and, perhaps, dwarf your current paycheck.
There are many such vehicles out there that can help you accomplish Plan B, the last alternative. To check out one of the best, message me.
Whatever road you choose, decisions are required. First, you have to decide how badly you want something, and whether what you are doing is going to get you that something before you die.
If the answer to the latter question is no, then you have to decide how open you may be to alternatives. Certainly, alternatives can look, or even be, scary. But knowing that what you are doing isn’t going to give you what you want may be even scarier.
Of course, you can decide to settle with your situation. That may be the devil you know, so you can sort of live with it, and never realize your dream. At least by doing that, you may not have to make any “scary” decisions, or so you think.
But if your life goals are powerful enough, fear of the unknown will become less of an, or no, issue.
Many life decisions require openness and optimism. Answers to prayers can present themselves in different ways.
The science, or art, if you prefer, is knowing when the answer to prayer is there for the taking.
Decisions, decisions. Know yourself. Trust yourself. Be open to new things and follow your dreams.
Peter
RETIRE, OR DON’T RETIRE
#retire #DontRetire #retirement #working
A man on a TD Ameritrade ad tells the financial adviser that he likes working, and that his retirement plan is to keep working.
So, the adviser says, instead of creating a retirement plan, let’s create a plan for “what’s next.”
“I like that,” the gentleman says.
Oh, if only it were that simple. One likes to work, so he just keeps working. He may vary what he does as he ages, but he keeps working because he wants to.
It seems a rather inappropriate ad for this economic milieu. Today, most employees essentially have no say on when they stop working. If they don’t retire when the company wants them to, usually they are given signals to go, or else ….
Worse yet, in many situations, many are forced out of jobs either well before retirement age, or before they had planned to retire.
And, many of these folks want to keep working. But their options suddenly become very limited. They may be forced to take a job that either they don’t enjoy, pays much less than their previous job did or gobbles up more of their time than they care to give to a job. If you selected all of the above for your situation, you are not alone.
So how does one deal with planning for retirement, or for “what’s next,” in this milieu? First, as soon as you begin your career, get your head in the right place. Know that the following will, or is likely to, happen:
• The job that you were hired to do will change over time, perhaps sooner than even you may expect. If you like what you are doing, you may not like what you will be doing next. If you like where you work, you have to decide whether the changes in your employment situation are worth staying with your employer, or trying to find something more to your liking. The current job market has improved enough over the last decade that you may have more options than you realize.
• As you get older, and earn more employee benefits, you become a greater cost to your employer. Don’t necessarily go by your parents’ advice that says if you keep your nose clean, show up every day and do good work, you’ll have a job for life. Someone came up with an arbitrary matrix some years ago that says something like: in the first three years, you get more out of an employee than you pay him. After three years, as the cost of that employee increases, you are paying him more than you are getting from him. You’ve heard of being on the clock? Well, you may be on the clock for more reasons than you think.
Given all that, here’s what you do: first, save. It doesn’t matter how much, initially, you save. Even $5 a week will work, if you are not making much. You may have to go without some pleasures to do it, but do it, and don’t touch the money unless there are dire circumstances, or you are making a long-term investment in, say, a house. Also, put any raises you get into that savings. If your costs go up, cut out more discretionary spending.
Secondly, come up with a plan B that could put money in your pocket whether you survive for years at a job, or not. There are many such vehicles out there that will allow you to spend a few part-time hours a week off work, and potentially make an income that could eventually dwarf what you are earning now. To learn about one of the best such vehicles, message me.
Meanwhile, follow the old adage that says, “plan for the worst, and hope for the best.” Because you like a certain job doesn’t mean you can keep it. After all, the job doesn’t belong to you. It belongs to your employer. He or she can do with it whatever he or she pleases, even move it to a different country, or replace it with a machine.
A good job is a gift. Certainly, one earns a good job. And certainly, one can become really good at that job. It doesn’t mean the gift can’t be taken from you. It’s up to you to prepare for when the worst happens, even if it doesn’t.
So, if you like working, that’s admirable. Just don’t presume that you can always do what you like, for as long as you like.
Peter
WAGES RISING, BUT NOT ENOUGH TO KEEP UP WITH COSTS
#RisingCosts #WageIncreases #ImprovingEconomy
The economy is improving.
Therefore, interest rates are rising.
Therefore, wages are increasing as unemployment is decreasing.
Therefore, costs of just about everything is rising, which may be canceling out wage increases for many.
In its Weekly Explainer, published Oct. 29, 2018, The Atlanta Journal-Constitution took on this subject, largely quoting economist Aaron Sojourner of the University of Minnesota.
Sojourner spent a year as part of the Council of Economic Advisers in Washington.
The unemployment rate is now as low as it has been since the dot-com boom. Yet, it’s really hard for a lot of people to get a meaningful raise, which is defined as exceeding the price increases of necessities, the article says.
Real average hourly earnings, meaning wages adjusted for inflation, in August for all employees are up 0.1 percent, the article quotes the Bureau of Labor Statistics. Overall prices have increased by the same amount during the same time period, the article says.
“On average, most workers were running in place,” the article reads.
Moreover, for ordinary workers over the last year, real average hourly earnings actually decreased 0.1 percent, the article quotes the BLS.
If you are an average worker, whether or not you have gotten a raise recently, you probably feel that you can’t get ahead.
Sure, employers are fighting over a finite labor pool, poaching even within a restaurant chain, some of which have eased their rules against that.
So one may end up going from one job to another, doing pretty much the same work, and might see $1 an hour more. But if the cost of what you have to buy is increasing by that much, you may think it’s better to keep up than to fall behind – and it is.
So what’s a person who really wants to get ahead to do? That depends on whether that person is willing to look at things that can put extra money in his or her pocket, without interfering with what he or she is doing now.
That doesn’t mean a second, relatively low-paying job. It means looking at something that could dramatically change your life for the better.
There are many such vehicles out there that potentially can do that. To check out one of the best, message me.
Meanwhile, keep your eyes open for a better-paying job. Look at doing something you may never have thought you would do. Rather than complain about how things are, do something to make your life better.
Though employers may look desperate for help in some areas, there’s only so much they are going to pay for that help. No matter how much your boss may like you, if you threaten to go, there’s only so many inducements he or she will offer to convince you to stay. Try not to make such a decision on emotion. Always have your mind on what would be best for you.
When unemployment is down, wages go up, and prices go up to pay those higher wages. It’s a progression you cannot stop. But you can look at things that, with a little effort outside of your job, and a strong goal for your life, can allow you to reach your dream.
Peter
HIGH STRESS ABOUT FUTURE
#FutureOfAmerica #FutureOfUS #MyPersonalFuture #StressAboutFuture
More than two-thirds of Americans are stressed about the future of the country.
So says the American Psychological Association’s annual “Stress in America” survey.
Isaac Stanley-Becker discussed the survey in a Washington Post article, also published Oct. 31, 2018, in The Atlanta Journal-Constitution.
Though the article focuses on politics, let’s step back and discuss stress in one’s own life, and how to combat it.
First, we have to know what makes us stressful. Certainly, it can be the political environment, but the country has survived – and thrived – despite any politician.
More likely, though, we have things in our own lives stressing us, and we use politics as a blame outlet.
One stressor could be a job. Some people are overworked, underpaid and have no time to enjoy what really matters to them.
Others worry that a good situation that they have at work – no matter how much they might complain about it – could disappear tomorrow.
Still others are stressed by family or other personal circumstances.
Generally, stress doesn’t get rid of itself. Either the stressor goes away, and is replaced by something better or more pleasant, or the person finds a way to relieve the stress.
For many, when one stressor goes, another steps in. That’s why people can’t depend on good fortune to strip them from stressors, although, if it comes, good fortune is usually appreciated.
Usually, some type of action is required to remove stress, or at least minimize it.
What kind of action? It might be to look for a better situation. Good fortune comes to those who prepare for it, so by looking for a better situation, you are preparing to find it.
Family or personal situations are a bit more delicate. You can’t erase your family. But there may be situations that you can remove yourself from. Then, you have to keep from being sucked back into such vortexes.
If you believe your job is threatened, or if you have a job that is eating you alive, there could be a simpler way of removing that stress.
Look at how you spend your non-work time. Family and recreation can be important stress relievers, but you might consider spending a few, part-time hours a week pursuing a completely different goal.
There are many vehicles out there that can enable a person to supplement, even replace, an income by spending a few part-time hours a week. Though they don’t involve a “second job,” there is work involved. But the rewards can be life-changing for the person who really needs to remove stress from his or her life.
To check out one of the best such vehicles, message me.
As for the future of America, there is a lot more good out there than bad. Though the bad stuff gets more publicity, and rightfully so, the good things often go unnoticed, at least by a wide audience.
One way to ease any stress about America’s future may be to go look for those good things. Take a walk in the woods, observe the beauty, and see what destination finds you. You may find that walking back to your originating point is completely unappealing.
As you make your journey, take care not to overlook what could be good for your life.
Peter
WE LOVE VACATIONS, BUT SHOULDN’T WE BE WORKING?
#vacations #vacation #working #jobs
Ah, vacation.
We work so hard for it.
We wouldn’t want to be on vacation all the time, would we?
Brian O’Connor, a philosophy professor at University College in Dublin, Ireland, took on this subject in an article published April 29, 2018, in The Atlanta Journal-Constitution.
“Although annual leave is a right in many workplaces, it is of significant value to employers, too,” O’Connor writes.
Studies urge employers to embrace paid leave, the article says. It refreshes workers, and gives employers opportunities to expose others, who would do the work of the vacationer, to other jobs in the company, thus gaining workers with more diverse skills, O’Connor writes.
O’Connor’s point: vacations are designed as a respite from work, but we all need to be working, rather than being on vacation all the time.
Let’s break this down further. First, as employees, most of us get paid time off in a variety of fashions. There is vacation time, which tends to increase with years of service – up to a maximum, of course.
Then, there is sick time which, in theory, is there to use as needed for illness or other emergencies.
Finally, for those with certain jobs, there is paid time to attend educational seminars, specific offsite training etc.
Some employees will abuse some of this time off, particularly sick time. We’ve all heard the expression of calling in well. Sick time, of course, should ONLY be an insurance policy for illness and emergencies, and should be used only when necessary. Mental health days, unless they are for a specific diagnosed condition, should not be taken. (People with a diagnosed mental condition may have fewer employment opportunities).
Some people don’t get any of this paid time off, despite the encouragement to employers to provide it.
Others are generously paid for NOT using their time off when they retire.
Others, depending on the job they have, are literally punished for taking time off. They have to work extra hours prior to leaving on vacation, and face a huge pile of work when they return. Others can just comfortably go on vacation, without added pressures or work before and after.
With today’s technology, some can take the job with them on vacation. If you are one of those, you may need to set some new priorities.
Though O’Connor’s article argues that vacations are merely a rest from toil, and that toil is something that doesn’t please you, it can be argued that a permanent vacation – or a change in your life – may be needed. There are many vehicles out there that, for a few part-time non-job hours a week, can give you the freedom to change your life for the better. To check out one of the best, message me.
Despite the nobility of labor, if you don’t enjoy what you do, or if what you do does not provide you with the life you want, it may behoove you to look at alternatives.
Your personal goal should be to go on your longest vacation ever – retirement – as soon as you are able. In today’s work world, that decision sometimes can be made for you.
Peter
HAPPY 2019!
#HappyNewYear #Happy2019 #NewYear
May 2019 bring everyone blessings beyond measure.
The past year has seen many contradictions. Though the unemployment rate is low, the stock market has been volatile.
Bad weather brought on many catastrophes.
Though many are still struggling to recover months later, the country and its communities have shown great resilience in the face of tragedy.
So how is your personal situation now, and where is it headed?
Are you looking for more of what you have now, or are you in need of a change?
If your employment situation is not what you want, there may be no better time to change jobs than now.
Many “We’re Hiring” signs are cropping up at many businesses.
Some may still be discouraged, having never recovered from the economic downturn about 10 years ago. They have lost good jobs, and the jobs they may have gotten since don’t pay nearly what their old jobs did.
These folks might ask, what good are plentiful jobs if most of them don’t pay much?
If you are in that situation, or you have a job that eats you alive to the point where you have little time for much else, there are many ways out there to pick up not just extra income, but potentially an income that could change your life. To learn about one of the best such vehicles, message me.
Meanwhile, take stock of the many good things in your life.
If you want a better 2019 than 2018, start with optimism – a belief that you can make your life as good as it can, or should be.
No matter the circumstances around us, most of us can find some good to celebrate. Focus on that. Your attitude is the one thing YOU can control.
Another thing you can control is how you treat others. Be more of a giver than a taker. Those who take tend to get their hand slapped. Those who give tend to get rewarded eventually.
Instead of looking for fairness, look for goodness. Much of life can be unfair, but amid the unfairness, goodness most likely can be found. If it can’t be found, it can be created. Be one who creates goodness.
Creating goodness helps a person grow. By always creating goodness, a person always keeps growing.
So don’t just wish for a good year, make 2019 a good year.
Wish that others will do the same. Better yet, help others do the same.
Don’t let circumstances dictate your life. Make life better by appropriately dealing with your circumstances.
Here’s to a happy new year that you will create.
Peter
ACADEMIC FRAUD?
#education #AcademicFraud #college #CollegeDebt
Only 37 percent of 12th-graders tested proficient or better in reading. Only 25 percent did so in math.
Yet, the high school graduation rate is better than 80 percent.
Columnist Walter E. Williams, who writes for Creators Syndicate, quoted these figures from the National Assessment of Educational Progress’ 2017 report, also known as The Nation’s Report Card. His column on the subject was also published April 25, 2018, in The Atlanta Journal-Constitution.
He also writes that not only do 80 percent of high school seniors graduate, 70 percent of white high school grads were admitted to college in 2016, as well as 58 percent of black high school grads. Here, he quotes the Bureau of Labor Statistics.
Colleges, then, have to provide remedial courses, dumb down their courses so ill-prepared students can get passing grades and/or set up majors with “little analytical demands so as to accommodate students with analytical deficits,” Williams writes.
Williams’ conclusion: there is academic fraud being committed at all educational levels.
“How necessary is college anyway?” Williams asks. “One estimate is that 1 in 3 college graduates have a job historically performed by those with a high school diploma,” he writes.
We’ve all heard the stories, particularly in recent times, of students coming out of college and hitting the job market with degree in hand, college debt on his or her back and slim prospects not only to earn an income appropriate for his or her education level, but even to find a job at all – at least one in a field to match his or her education.
There is a teacher shortage, however not every college graduate is fit or prepared to teach. Besides, many of them might think that teaching doesn’t pay well enough for them to cover payments on their college debt, let alone any other life expenses. (Some loan programs allow college debt to be written off if the student goes into teaching for a certain number of years).
The pressure is on most children from grade school to go to college and get that degree, so they can get that good job. The pressure is so intense that families – ultimately, the students – go into debt to pay for that education.
They then spend some of their most productive work years paying that debt off, and probably delaying things like buying a house or saving for retirement. In the extreme, these graduates move back home with mom and dad and stay for several years, thus delaying their parents’ progression toward retirement.
As Williams points out, the cycle is that many students get through high school ill prepared for college academically, yet go to college anyway. They really can’t afford college, yet they view it as an investment into a great career. Again, as Williams asks, “How necessary is college anyway?”
First, if a student isn’t prepared to cut it academically in college, it’s perfectly OK not to send him or her, especially if you are going to saddle that student with a massive debt upon graduation – presuming he or she can get TO graduation.
Then, if they wind up waiting tables or doing some menial job that doesn’t require a college degree, what was the point of the education, or the debt?
Fortunately, for a student like that, he can take his menial job, work as many hours as he needs to and, in some of his off hours, pursue one of the many ways to earn money without taking a second W-2 job. Many such vehicles can eventually provide an income that could surpass any income from not just the menial job, but also from a job that would be appropriate for one with a college degree.
But, to pursue this, the student has to be willing to check out such a vehicle. If you’d like to examine one of the best, message me.
Otherwise, one could struggle to get through high school, get into college and take a lot of “gut” courses or major in something that will not have much value on the open market – and pay dearly to do it.
No education is really wasted, but one must have eyes wide open about the economic potential — and cost — of what one wants to study. Try to enjoy school at all levels, if you can, then look for ways to support yourself, and perhaps help others do the same.
Peter