Roughly four million young adults are starting their senior year in high school. What's in store for them when they graduate and how can they start planning ...
Roughly four million young adults are starting their senior year in high school. What's in store for them when they graduate and how can they start planning for retirement?break down the student debt crisis, women in business, career advice for the next generation, and more in this week's episode ofFour million high school students will graduate high school in 2025. 61 percent of those high school graduates will attend college.
Some will graduate with debt and at present, about 51% of them will graduate with debt with about on average $29,400 in debt and you have a plan to help them graduate without debt.
And the next day she said they called me into the guidance office, handed me a $20,000 check and gave me a seat in the Mock Un and put her into the honors program in business from there on out.Um, so incredible stories of just being able to diff differentiate yourself from the pack and looking at those spaces that, you know, for women, the, the business training is really one of the core areas where they're looking for more women in, in our colleges, lots of other things too.
And so she bolstered her story, showed discipline and commitment to a pretty rigorous program and some other things and use that in her college applications in three ways.Was there listing it as your extracurricular thinking?We don't always do interviews. I just think it's, you know, you see a big difference between these students coming out and what we are seeing out there is that entry level jobs in the descriptor will usually say we want 4 to 5 years experience.So in one of my other enterprises, I hired students from Northeastern University that where they have an actual six month co op program.
And because I wanted my Children to have skin in the game, I did have them take out federal student loans in order to say that, you know, this education has value to me above and beyond.So I think that is so important and one thing that parents can do is is really bring their kids into the conversation about what, what portion maybe the parents are gonna pick up if they can and the Children.
So, um clearly you need a down payment unless you wanna put all your eggs in that basket, I think being mindful of that, right?Um You need to line up a, a management firm if you're not in the area or know somebody who's in the area and then um uh be mindful of uh the the renter types that you're going after to uh to lease from you.
I mean, that's a huge number, 85% basic skills um Excel, communicating some of the executive functioning skills, uh how to follow up on projects and those sorts of things. So you mentioned the technical skills, some of the soft skills that I'm fond of talking about are networking.Well, I think so, I mean, we're, you know, me, men are sort of taught to be a little bit more bold, right?
One of the things Bob when I was in uh Silicon Valley, uh you know, in the boom days, I saw how men mostly because they have most of the venture capital were networking in the venture capital world and I sort of scratched my head. And I was, would always say that the meaning of life is to have a life of meaning and, and, and for you, what is the purpose?Well, I think first off you can, I don't think you can go with just what your passion is.And so I like to think about growth industries, like healthcare, technology, I mean, healthcare is hugely booming, right?
And so literally, it can set you back by hundreds of thousands of dollars if you don't get a good start on your, um, your earnings. Now, mind you if you do become an authorized user, make sure that the credit issuer reports, authorized users to the credit bureaus and sign up for credit commerce or some agency like that.
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