And of those who graduated, 41% of that cohort considered their schooling "very useful" in readying them to enter the workforce - that's compared to 45% of Gen Xers and 47% of boomers who felt the same.Īs a result, Gen Zers who do decide to attend college enter with a whole new set of priorities. It's a significant shift from when millennials were in their shoes a decade ago: A 2014 Pew Research survey found that 63% of millennials valued a college education or planned to get one. A 2022 survey by Morning Consult found that 41% of Gen Zers said they "tend to trust US colleges and universities," the lowest percentage of any generation. The widening gap between the value and the cost of college has started to shift Gen Z's attitude toward higher education. The focus now, especially in the midst of so much uncertainty in the economy, is on using college to prepare for a single, overriding goal: getting a good job. This student-debt-driven financial hole is leaving more young graduates with a lower net worth than previous generations. Factor in the average student debt of $33,500 that college graduates owe after they leave school, and many graduates will spend years catching up with their degree-less counterparts. Four years after graduating, according to recent data from the Higher Education Authority, a third of students earn less than $40,000 - lower than the average salary of $44,356 that workers with only a high-school diploma earn. A 2019 report from the Pew Research Center found that earnings for young college-educated workers had remained mostly flat over the past 50 years. Today it costs at least $104,108 on average to attend four years of public university - and $223,360 for a private university.Īt the same time, the salaries students can expect to earn after graduation haven't kept up with the cost of college. From 2010 to 2022, college tuition rose an average of 12% a year, while overall inflation only increased an average of 2.6% each year. For many, the price tag has simply grown too exorbitant to justify the cost. Four million fewer teenagers enrolled at a college in 2022 than in 2012. Srivastava is one of a soaring number of Gen Zers who has decided to skip college altogether. ![]() "The world is rapidly evolving - and so is the college experience." "Most of my friends are just now finally getting adjusted, some better than others," the now 20-year-old said. Today, as most of his peers are starting their senior year of college, he's got more than $1 million in venture-capital funding. Soon after Srivastava decided to launch a startup designed to help job seekers find work. The computer-science major wound up dropping out of UC Berkeley in fall 2021, only a few months after he had enrolled. Instead, he was forced to take classes online in the wake of COVID and faced a campus social scene that remained fractured. "As a kid, you always imagine college will be a life-changing experience, and that your freshman year is where you'll get a chance to discover yourself," he said. It took just one semester for Rushil Srivastava to realize that college was not what he had hoped. If you just want a Z Gallerie coupon, for a store near you.Account icon An icon in the shape of a person's head and shoulders. You may be able to let go of something now that you were holding onto before. Take this opportunity to clean out your linen closet or kitchen YES, AGAIN!ĭon't roll your eyes at me! Look at your closet/cabinets with an organizer's eye. Just a dab of color can refresh a room, at a low cost, and you can feel rejuvenated by your living space. With spring right around the corner, consider swapping out throw pillows/comforter covers/silk flowers/candles/etc. If you don't have time, go on line, and then ask a friend who lives in Boulder to take a field trip for you! Take a field trip to Boulder's 29 th Street Mall. ![]() She got some really great deals on glassware, bedding, incense, picture frames, etc. ![]() The salesperson told her that they are closing the store at 29 th Street Mall on March 15. She noticed a 40% off sale sign in the window of Z Gallerie, and realized everything in the store was 40% - 70% off. My friend was running errands today and stopped by the Boulder 29 th Street Mall.
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