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Gen Z is choosing more often than previous generations to forego a formal education and instead start their own businesses, but why? Starting your own business is certainly more appealing than working a low level job right out of high school, and Gen Z has watched many famous entrepreneurs go this route with great success. But probably the most compelling factor for this shift is watching the Millennials rack up massive college debt burdens and be unable to find jobs to cover their living expenses and their college debt together. Gen Z, in short, is looking for a better way.
The cost of a college education has skyrocketed in the last few decades. Since 1978 the cost of college tuition has increased more than 150%, while the average household income of the families sending their kids off to college has grown only 20%. The cost of living is way up and wages are way down, and Millennials are finding themselves living with their parents much longer than other recent generations have. Gen Z has taken note and is avoiding being saddled with enormous college debt at all costs.
There are alternatives to college when you are wanting to learn but unwilling to take on a college debt load. E learning has become a huge industry - by 2025 it is projected to be a $325 billion global industry, and by 2020 Gen Z is expected to make up 20% of e learning customers. Counted among these e learning opportunities are several programs aimed at helping young entrepreneurs, such as The Network For Teaching Entrepreneurship, The Thiel Fellowship, and TE Global.
originally posted by: starwarsisreal
a reply to: Sheye
Plus you don't have to deal with Radical Leftists Professor shoving their ideas down your throat.
Actually in my college, one time I was passing by a professor's office and saw he has the Antifa flag hanging around there.
I gotta admit, people like the professor I mentioned makes it dangerous to speak out against the the Leftist's domination of Academia.
I know one professor who told me he will lose his job if he talks openly about how the Liberal Coastal Elite dominates Academia.
Another professor told me his employment will be terminated if he criticize Radical Islam.
originally posted by: ConscienceZombie
Generation Z. No. I grew up on the Z fighters and this new generation is definitely not Z. Y is more like it. Generation Y.
originally posted by: infolurker
originally posted by: ConscienceZombie
Generation Z. No. I grew up on the Z fighters and this new generation is definitely not Z. Y is more like it. Generation Y.
Generation Y is the Millennial Generation.
originally posted by: ConscienceZombie
originally posted by: infolurker
originally posted by: ConscienceZombie
Generation Z. No. I grew up on the Z fighters and this new generation is definitely not Z. Y is more like it. Generation Y.
Generation Y is the Millennial Generation.
I was trying to save us by stalling. What's after Z?...Nothing...that's it...now we are out of letters. Good bye world.
originally posted by: murphy22
I'm assuming, Gen Y? Is the Queers? Because I haven't heard much about them. Other than they "think" they can actually marry, each other, and make a "family"... Which is not "scientifically" possible. ....But really? We've run out of alphabet? This can't be good!
originally posted by: starwarsisreal
a reply to: rickymouse
Sadly trades is not an option in places like California.
Most high paying jobs here are IT and movie industry and those jobs are very hard to get to.
For other jobs, you need a degree and plus you have to know people.
This is one of the many reasons why a lot of people want to move out California.
Also, in California cities like LA, in order to live there either you have to get a high paying job, a room mate or live with your parents.
I have plans to move out of state. Any suggestions on what state I should move to?