Your Future: What’s In It For You?

Navigating Career Planning

Virginia Career Education Foundation

2013-2014

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

Services

Construction

(Safe from offshoring!)

Fastest Growing Occupations Sept. 2013 1. Service and Unit Operators Oil, Gas, and Mining

Median Salary: $41,9702. Petroleum Engineers

Median Salary: $130,2803. Music Directors and Composers

Median Salary: $47,3504. Interpreters and Translators

Median Salary: $45,4605. Massage Therapists

Median Salary: $35,9706. Human Resources Specialists

Median Salary: $55,8007. Coaches and Scouts

Median Salary: $28,3608. Personal Financial Advisors

Median Salary: $67,5209. Personal Care Aides

Median Salary: $19,91010. Skin Care Specialists

Median Salary: $28,640Source: usatoday.com

Ahead-of-the-Curve Careers

• 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!

Nurse Practitioner $83,273-$96,650E-Mail Marketer $43,840-$84,430Network Security Engineer $57,240-$97,660Environmental Engineer $61,500-$99,180Heavy & Tractor-Trailer

Truck Driver $30,270-$46,920Physician Assistant $73,040-$101,690Social Media Manager $38,960-$71,820Financial Analyst $56,310-$99,230Software Engineer-Mobile

Applications $69,090-$109,210Home Health Aide $17,900-$24,020

Source: Kiplinger, Bureau of Labor Statistics, and Career Builder, 2011

Read more at:http://www.kiplinger.com/slideshow/business/T012-S001-now-hiring-

10-of-today-s-hottest-jobs/index.html

10 Best College Majors for A Lucrative Career

10. Construction 9. Information Science 8. Math 7. Finance 6. Information Systems 5. Nursing 4. Information Systems Management 3. Civil Engineering 2. Computer Science 1. Pharmacy and Pharmaceutical Sciences

Source: Kiplinger, Georgetown University’s Center on Education and the Workforce, and the US Bureau of Labor Statistics, September 2013.

Read more at http://www.kiplinger.com/slideshow/business/T012-S001-10-best-college-majors-for-a-lucrative-career/index.html#Wm2OfrFGg4M1aJxO.99

Highest Paying Jobs in US

Occupation Average Annual Wages1. Anesthesiologists $232,8302. Surgeons $230,5403. Obstetricians and Gynecologists $216,7604. Oral and Maxillofacial Surgeons $216,4405. Internists, General $191,5206. Orthodontists $186,3207. Physicians and Surgeons, All Other $184,8208. Family and General Practitioners $180,8509. Psychiatrists $177,52010. Chief Executives $176,840

Source: US News and World Report, March 2013

Highest Paying Jobs in US – Non-Medical

Occupation Average Annual Wages1. Chief Executives $176,8402. Petroleum Engineers $147,4703. Architectural and Engineering Managers $133,2404. Lawyers $130,8805. Natural Sciences Managers $130,4006. Marketing Managers $129,8707. Computer and Information Systems Managers $129,1308. Airline Pilots, Copilots, and Flight Engineers $128,7609. Financial Managers $123,26010. Sales Managers $119,980

Source: US News and World Report, March 2013

10 Best Jobs That Require No College DegreeKiplinger , August 2012

1. Pile-driver Operators $47,8602. Brickmasons & Blockmasons $46,930 3. Commercial Pilots $67,500 4. Electricians $48,250 5. Drywall Tapers $49,490 6. Plumbers, Pipefitters &

Steamfitters $46,6607. Construction and Building Inspector $52,360 8. Insurance Sales Agent $46,770 9. Telecommunications Equipment Installer $54,71010. Manufacturing Sales Rep. $52,440

High Paying Jobs in US That Require 2-Yr. College DegreeVirginia Employment Commission: Spring 2005

Health Care Practitioners $66k

Business Analysts $58k

Mechanical Engineers $57k

General/Operations Managers $54k

Computer/IT Systems Managers $50k

** Average wages in VA in 2012: $49,540 (Source: Bureau of Labor Statistics 2012)

This helps explain why….30% to 40% of Community College

students already have a 4-Year College

Degree.

“You want fries with

that?”

Just look at today’s world!

• Jobs have changed

• Different options exist

• New training is required

• Traditional timelines have changed

Changes in the Skill Level Required for Jobs in the U.S.

College Degree

20%Unskilled60%

Technical20%

1950

2000Source: Virginia Employment Commission, U.S. Bureau of Labor Statistics

Technical65%

Unskilled15%

College Degree

20%

Projections for New Job GrowthOther25%

2-yr, 4-yr, technical

or apprentic-

eship75%

2020Techniques, Sept. 2009

Some College

63%

Other37%

2014 University Continuing Education

Association, 2009

Other

…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 education2. Become financially independent3. 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 10/13• Gross Income: $15,080

Options for High School and Beyond

• 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

Great Deals for High School Students

• Class Privately Public School

• A+ $2,600 Free

• LPN $3,296 Free

• Cosmetology $5,700+ Free

• Cisco $12,000 Free

• Oracle $10,000 Free

These Deals Lead to Decent Salaries

Class Starting Salaries

• A+ $30k

• LPN $34k

• Cosmetology $25k

• Cisco $75K

• Oracle $80k

NOTE:

Average starting salary of 2013 college graduates was $45,327. Source: NACE 2013 Salary Survey

Career and Technical Education offers options!

3. Earn free dual enrollment college credits while still in high school

Graduating from high school and community college at same time!

RTD, May 10, 2005

-Available for many CTE courses and some academic courses

-Credits may be accepted at many 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 CampbellLPN 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.

Technical65%

Unskilled15%

College Degree

20%

•65% 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

Name: Jennifer KingAge: 24Hometown: LASalary: $60,800/yrCollege: none

Source: Techniques 2007

Consider Apprenticeship

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 post-secondary training

The Chronicle of Higher Education, Nov. 9, 2009, in Comments to article “Are Too Many Students Going to College?”

Average U.S. cost for 4 years at a public, four-year college in 2012-2013 was$89,044. 4 years in a private school – more than $173,156.

Collegedata.com 2013

College Tuition & Total Mandatory Fees

Average Room/Board Total2013-2014

Christopher Newport U. $11,092 $9,958 $21,050

College of Wm & Mary 15,463 9,816 25,279

George Mason Univ. 9,908 8,990 18,898

James Madison Univ. 9,176 8,873 18,049

Longwood Univ. 11,340 8,876 20,216

Norfolk State Univ. 7,226 8,374 15,600

Old Dominion Univ. 8,820 8,912 17,732

Radford Univ. 8,976 8,156 17,132

U. of VA 12,458 9,717 22,175

University of Mary Washington 9,660 9,122 18,782

VA Commonwealth U. 9,885 8,748 18,633

VA Military Institute 14,404 8,088 22,492

VA State Univ.  7,784 10,008 17,792

VA Tech 11,455 7,650 19,105

Average $ for 4 Years in VA $41,548 $36,164 $77,712

VA Community Colleges 3,900 NA 3,900

Takes longer to get a degree!Graduation Rates of Freshmen Entering in 2006:College In 4 yrs. In 6 yrs.•UVA 85.1% 93%•William & Mary 78.4% 89.3%•VA Tech 57.5% 80%•JMU 54.8% 79.9%•CNU 48.8% 63.9%•Longwood 39.4% 60.5%•Radford 34.5% 59.7%•George Mason 31.8% 60.7%•VCU 25.9% 54.4%

State Average: 46.2% at 4 years and 68.9% at 6 years (Source: SCHEV 2013)

National Average: 54.1% graduate in 4 years and 81% in 6 years (Source: Slate, Feb. 2013)

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 -$19,427

$19,427 per year (tuition, basic room & board, mandatory fees) X 6$116,562

SOME NEVER GET A DEGREE!

While over 66%attend college…

only 54% of thoseever get a degree

Rising Debt!• Average student debt = $26,600 (http://projectonstudentdebt.org/)

• 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/

•Virginia Department of Labor and Industry (Apprenticeships): http://www.doli.virginia.gov/apprenticeship/sponsors_occupations.html

• Sample Academic and Career Plans – VA Dept of Education:http://www.doe.virginia.gov/instruction/career_technical/career_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 . . .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!)