HS Student Orientation

College, Career & Life Planning
1
High School
Student Career
Planning
Orientation

2
1. How many hours have you invested in school
between grades 1-12?
2. Why do you go to school?
3. Is it smart to select a HS extracurricular activity
at random? A career?
4. What is the best career in the world?
5. When are you required to decide on your
career?

Questions for Students

3
People Often Invest More Time
Planning Their Vacation Than
Planning Their Career.

Think About It

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 Decision
Determines

5
The Stakes Have Never Been Higher
The Tools are Available
The Challenge is to Inform & Motivate

Career Planning
Dilemma

6
Lifetime Value
of Education
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
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.

7
Hours Invested
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
Grades 1-12 College Working

8
How Much Income
Do 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.

9
How Much Will A
House Cost?
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Y
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C
A
Median Price of Existing Single Family Homes
(Select U.S. Cities) 2004

10
Easy to procrastinate.
Parents fell into their jobs.
Too scary to think about.
Too busy. No more homework!
Dont know where to begin.
Dont see the value.

Why Motivating Youth
is Difficult

11
My son just graduated from college. He doesnt have a clue what he
wants to do. Maybe forensics. Maybe art.
My daughter is a sophomore in college and she hates her major
(accounting). She is changing majors, but doesnt know what to choose.
That means at least one more year of college that we cannot afford.
Now that I have a college degree, I need to think about a career. I
majored in Marketing, but Im not sure thats what I want to do.
I hate my major, but switching involves two more years of college.
My parents would kill me. Ill gut it out. Maybe Ill learn to like it.
I wish I had known four years ago what I know now. I would have
taken career and college planning more seriously. My major was easy
and fun, but now I cannot get a decent job.

Result: Poor Choices,
Waste and Frustration

12
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.

13
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
requirements, job outlook, earnings, etc.

14
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

15
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.

16
Suggestions Before
Starting
Do think about the process as a way to significantly improve
your odds (with no guarantee) of selecting a great career. The
following table is my rough estimate of how your odds for
choosing a great or "perfect" career improve by making an
informed decision.

Random Gut Informed
Decision Feel Decision
Perfect Career 1% 5% 20%
Great Career 4% 20% 50%
Acceptable Career 60% 50% 20%
Terrible Career 35% 25% 10%

For example, I estimate that your probability of selecting a "perfect career is about
1% if you make a random decision vs. 20% if you make an informed decision.

17
Your Interests
(e.g., people, math, science)

Identify Career
Possibilities

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

18
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

19
www.collegecareerlifeplanning.com
Tools
College Planning Tools (Selecting, Applying &
Financing)
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

20
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

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