Transcript Your Future: What’s In It For You?

Your Future: What’s In It For
You?
Navigating Career Planning
Virginia Career Education Foundation
2014-2015
Want ad for tomorrow’s workforce:
Help Wanted: Creative individuals with
strong problem-solving skills, excellent
computer skills, the flexibility to adapt to
rapidly changing markets, the ability to
work in a multi-disciplinary environment,
and the skills needed to effectively
collaborate across cultures in a global
marketplace.
Hot Career Fields
Health Care
Education
Hot Career Fields
Technology
Finance
Hot Career Fields
(Safe from offshoring!)
Services
Construction
Fastest Growing Occupations Sept. 2014
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Industrial-Organizational Psychologists
Median Salary: $83,580 (Master’s degree)
Personal Care Aides
Median Salary: $19,910 (Less than high school)
Home Health Aides
Median Salary: $20,820 (Less than high school)
Insulation Workers
Median Salary: $39,170 (Apprenticeship)
Interpreters and Translators
Median Salary: $45,430 (Bachelor’s degree)
Diagnostic Medical Sonographers
Median Salary: $65,860 (Associate degree)
Helpers: Brickmasons, blockmasons, stonemasons,, tile and
marble setters
Median Salary: $28,220 (On-the-job training)
Occupational therapy assistants
Median Salary: $53,240 (Associate degree)
Genetic counselors
Median Salary: $56,800 (Master’s degree)
Physical therapy assistants
Median Salary: $52,160 (Associate degree)
Source: globeuniversity
Ahead-of-the-Curve Careers
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Asian-business-development specialist
Behavioral geneticist
Computational biologist
Data miner
Emergency planning manager
Green-collar consultant
Health informatics specialist
Immigration specialist
Offshoring manager (farshored, nearshored,
homeshored)
• Patient advocate
• Simulation developer
• Wellness coach
Old paradigm was that college
was the path to….
New Considerations?
The type of degree
matters!
10 of Today’s Hottest Jobs!
1. Nurse Practitioner
2. E-Mail Marketer
3. Network Security Engineer
4. Environmental Engineer
5. Heavy & Tractor-Trailer Truck Driver
6. Physician Assistant
7. Social Media Manager
8. Financial Analyst
9. Software Engineer-Mobile Applications
10. Home Health Aide
$83,273-$96,650
$43,840-$84,430
$57,240-$97,660
$61,500-$99,180
$30,270-$46,920
$73,040-$101,690
$38,960-$71,820
$56,310-$99,230
$69,090-$109,210
$17,900-24,020
Read more at:
http://www.kiplinger.com/slideshow/business/T012-S001-now-hiring-10-of-today-s-hottestjobs/index.html
Best Undergrad College Degrees
By Salary
1. Petroleum Engineering
2. Actuarial Mathematics
3. Nuclear Engineering
4. Chemical Engineering
5. Aerospace Engineering
*6. Electrical Engineering (EE)
*6. Computer Engineering (CE)
7. Computer Science (CS)
8. Physics
9. Mechanical Engineering (ME)
* Tied for 6th place
$103,000-$160,000
$58,700-$120,000
$67,600-$117,000
$68,200-$115,000
$62,800-$109,000
$64,300-$106,000
$65,300-$106,000
$59,800-$102,000
$53,100-$101,000
$60,900-$99,700
Source: 2013-2014 PayScale College Salary report
28% of the undergraduate degrees in Virginia in 2014 were in STEM-H
(Science, Technology, Engineering, Mathematics-Health Professions)
10 Best College Majors
for A Lucrative Career
10. Nursing
9. Actuarial Mathematics
8. Finance
7. Statistics
6. Civil Engineering
5. Economics
4. Information technology
3. Software Engineering
2. Management Information Systems
1. Computer Science
Source: Kiplinger,September 2014
Read more at http://www.kiplinger.com/slideshow/business/T012-S001-10-
best-college-majors-for-a-lucrative-career/
High Paying Jobs in US
1. Anesthesiologists
2. Surgeons
3. Obstetricians and Gynecologists
4. Oral and Maxillofacial Surgeons
5. Internists, General
6. Orthodontists
7. Radiologists
8. Pathologists
9. Neurologists
10. Allergists and Immunologists
$232,830
$230,540
$216,760
$216,440
$191,520
$186,320
$184,820
$184,820
$184,82
$184,820
Highest Paying Jobs in US – Non-Medical
Occupation
Average Annual Wages
1. Chief Executives
$176,840
2. Petroleum Engineers
$147,470
3. Architectural and Engineering Managers
$133,240
4. Lawyers
$130,880
5. Natural Sciences Managers
$130,400
6. Marketing Managers
$129,870
7. Computer and Information Systems Managers $129,130
8. Airline Pilots, Copilots, and Flight Engineers $128,760
9. Financial Managers
$123,260
10. Sales Managers
$119,980
Source:
US News and World Report, March 2013
10 Best Jobs That Require No College Degree
CareerCast, 2104 http://www.careercast.com
1. Dental Hygienist
2. Web Developer
3. Respiratory Therapist
4. Electrician
5. Computer Service Technician
6. Paralegal Assistant
7. Appliance Repairer
8. Carpenter
9. Automotive Mechanic
10. Welder
These careers DO require
technical training beyond high school.
$70,210
$62,500
$55,870
$49,840
$48,900
$46,990
$43,460
$39,940
$37,680
$36,300
Just look at today’s world!
• Jobs have changed
• Different options exist
• New training is
required
• Traditional timelines
have changed
Projections for New Job Growth
Other
Other
Other
37%
25%
2-yr, 4-yr,
technical
or
apprenticeship
75%
Some
College
63%
2014
University Continuing Education
Association, 2009
2020
Techniques, Sept. 2009
…STILL only 20% of all jobs require a four-year degree or more
(Bureau of Labor Statistics)
Even milestones of life are
changing…
New Age for
Adulthood?
30
Why?
This is the age that adolescents:
1. Finish education
2. Become financially
independent
3. Move away from home!
The Washington Times
(65% of college graduates
plan to return home after
graduation!) Yahoo Survey
Why does it take so long?
1. It takes longer to graduate from
college
2. Job market for new jobs has
been weak
3. Housing is expensive!
Career Terms you may want to know
CAREER CLUSTERS
Career Clusters
"A Career Cluster is a grouping of occupations
and broad industries based on
commonalities. The sixteen career clusters
provide an organizing tool for schools, small
learning communities, academies and
magnet schools.“
Become familiar with the titles and organization
of the 16 career clusters
CAREER PATHWAYS
Career Pathways
"As defined in the state’s first strategic plan for
career pathways, Bridging Business and
Education for the 21st Century Workforce,
career pathways are connected education
and training programs and support services
that enable individuals to secure employment
with a specific occupational sector and to
advance over time to successively higher
levels of education or employment in that
sector."
ACADEMIC AND CAREER
PLANS
Requires student, parent/guardian, and
school official signatures
OPTIONS FOR GETTING TO
CAREER SUCCESS
How are you going to support yourself or pay for
post-secondary school?
• If a student has to work, does he
have any skills that will get him paid
more than minimum wage?
• Annual salary at minimum wage?*
(based on $7.25/hour
for 40 hours per week
for 52 weeks)
* As of 9/14
• Gross Income: $15,080
Options for High School and Beyond
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Industry Certifications
Community College
Career College
Four-Year College or University
Registered Apprenticeship
Military Training
Consider Career and Technical
Education and Industry Certifications
Consider Career and Technical
Education in High School
1.
Earn certifications that
lead to higher salaries
for part time work
2.
Receive free training
that would cost
$1,000s in
the private sector
Examples of Some Great Deals
for High School Students
• Class
• A+
• LPN
Privately
$2,600
$3,296
•
$5,700+
$12,000
$10,000
Cosmetology
• Cisco
• Oracle
Public School
Free
Free
Free
Free
Free
These Deals Lead to Decent Salaries
Class
• A+
• LPN
Starting Salaries
•
$25k
$75K
$80k
Cosmetology
• Cisco
• Oracle
$30k
$34k
NOTE:
Average starting salary of 2013 college graduates
was $45,473. (Source: Society for Human Resource
Management, 4/4/14)
Career and Technical Education offers
options!
3. Earn free dual enrollment college credits
while still in high school
•Available for many CTE courses and
some academic courses
•Credits may be accepted at some VA
4-year colleges
•Leads into community college associate
degree programs
Career and Technical Education offers
options!
4.
Try out a career
before investing
huge costs
Kimon Campbell
LPN program in
high school Worked as LPN
while completing
RN
5. Offers training for current in-demand careers!
Remember:
• Only 20% of jobs require a college
degree.
• 75% of jobs require technical training!
Consider Community College
Consider Community College
• Great way to get a feel for college
• Remember that tuition, fees, room and board
will rise to more than four or five times
Community College cost at a four-year
college or university – plan early for Years 3
and 4!
Consider Registered
Apprenticeship
Consider
Apprenticeship
Name: Jennifer King
Age: 24
Hometown: LA
Salary: $60,800/yr
College: none
Source: Techniques 2007
Consider Military Training
Consider Military Training
Consider College or University
Who should go to college right after high
school?
• Those who are in the top 10% of their class AND score in the top
10% on SAT or ACT
• Those who don’t meet #1 but have a clear goal (their own goal,
not their parents’ goal) that requires a college education.
• If not in either group – get a job, find yourself, go to college later
with much greater motivation or choose appropriate postsecondary training
The Chronicle of Higher Education, Nov. 9, 2009, in Comments to
article “Are Too Many Students Going to College?”
College
Tuition & Total
Mandatory Fees
Average
Room/Board
Total
2014-2015
Christopher Newport U.
$11,646
$10,314
$21,960
College of Wm & Mary
17,656
10,344
28,000
George Mason Univ.
10,382
9,432
19,814
James Madison Univ.
9,662
9,196
18,858
11,580
9,256
20,836
Norfolk State Univ.
7,552
8,624
16,176
Old Dominion Univ.
9,250
9,268
18,518
Radford Univ.
9,360
8,406
17,766
U. of VA
12,998
10,052
23,050
University of Mary Washington
10,252
9,430
19,682
VA Commonwealth U.
12,398
9,318
21,716
VA Military Institute
15,518
8,372
23,890
8,002
10,128
18,130
12,017
7,924
19,941
$10,937
9,360
$20,297
4,080
NA
4,080
Longwood Univ.
VA State Univ.
VA Tech
Average $ per year in VA
VA Community Colleges
Average U.S. cost per year at a modestly priced public,
four-year college in 2013-2014 was $22,826.
One year in a private school – average $44,750.
College Board report
Takes longer
to Freshmen
get a degree!
Graduation
Rates of
Entering in 2007-08:
College
After 4 yrs
•UVA
•William & Mary
•JMU
•VA Tech
•George Mason
•CNU
•Longwood
•Radford
•VCU
After 6 yrs.
86%
82%
65%
58%
43%
49%
43%
41%
30%
93%
89%
81%
80%
65%
65%
63%
58%
56%
State Average: 51% at 4 years and 69% at 6 years (Source: SCHEV
2014)
National Average: 39% graduate in 4 years (Source: National Center for
Educational Statistics, 2014)
US Average: slightly over 59% in 6 years (Source: National
Center for Educational Statistics, 2014)
How Do You Explain This?
• Budget cuts make it harder to get required courses for
graduation
• The more selective the college’s admission policy, the
higher the graduation rate
• Many students change majors adding years necessary
to get a degree
• 60% transfer before graduating
Cost of Degree example:
Average cost of the state colleges $20,297
$20,297 per year (tuition, basic room & board,
mandatory fees)
X6
$121,782
SOME NEVER GET A DEGREE!
While over 66%
attend college…
only 54% of those
ever get a degree
Rising Debt!
•
Average student debt = $26,600
(http://projectonstudentdebt.org/)
( $24,343 in VA)
•
44% of families earning over $100,000 have to take out
loans
Often missed in today’s career planning . . .
• Many companies require
applicants to pass a drug
screening test
• If an applicant fails the test,
he/she may NEVER be able
to work for that company
• Some have mandatory time
out for DUIs
DRUGS
So . . .
• Start early.
• Make a plan.
• Discover your career.
Best wishes!
Is there an app for that? (Career Planning)
YES, actually over 400!
Resources
•
Career Information and CTE Success Stories:
www.knowhowvirginia.org (Follow us on Twitter and Face
Book
•
State Council for Higher Education in Virginia:
http://www.schev.edu/students/default.asp
•
Virginia Wizard (Community Colleges)
https://www.vawizard.org/vccs/
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Virginia Department of Labor and Industry (Apprenticeships):
http://www.doli.virginia.gov/apprenticeship/sponsors_occupat
ions.html
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Sample Academic and Career Plans – VA Dept of
Education:
http://www.doe.virginia.gov/instruction/career_technical/care
er_clusters/sample_plans_study/index.shtml
•
Industry Certifications:
http://www.doe.virginia.gov/instruction/career_technical/path
_industry_certification/index.shtml
•
Military Careers:
http://www.myfuture.com/military/
WE BELIEVE . . .
• in Career and Technical Education
• in starting career planning early
• that a high school diploma is the lowest common denominator for
career success and that life long learning is a given
• in making the most of high school (take as many CTE and core
academic courses as possible)
• in work-based learning
• in informed decisions (have a plan!)