Want to guide your 16-20 year old to careers that help them reach their goals? Check out our workbook set: ➡️ https://degreefree.com/book
Want a custom career plan for your 16-20 year old? Apply for the Degree Free Launch Program: ➡️ https://degreefree.com/launch
The whole K through 12 system is built around one goal: college enrollment. Schools track it, report it, and put it on banners. But enrollment tells you nothing about what happens after your child signs the form. So let me show you what the numbers actually say. About 62% of high school seniors enroll in college.
Only 7% of jobs legally require a degree. That means we are sending eight times more young adults to college than there are degree-required jobs waiting for them. Of every 100 students who start a four-year degree, only 47 finish on time. A third never finish at all. And of those who do graduate, only 27% will work in a field related to their major.
Put it all together and the odds that your child enrolls, graduates on time, and works in their field of study is about one in seven. On top of that, 52% of recent graduates are underemployed one year out. And 45% are still underemployed a decade later. Meanwhile, parent plus loan debt has grown 77% in the last decade, at an interest rate of nearly 9%.
The average borrower takes 17 years to pay off their loans. That debt delays homes, marriages, families, and businesses. At more than one in four American colleges, the typical graduate earns less than a high school graduate 10 years after enrolling. The fix is not to panic. It is to change the question.
Stop asking what college your child should attend. Start asking what they need from their work to live the life they want. Answer four questions first: what income do they need, what schedule fits them, what environment do they want to work in, and where do they want to live. Work backwards from those answers to find the right career.
Then, and only then, ask whether that career legally requires a degree. For most careers, it does not. And the path in without a degree is faster, cheaper, and less risky than the one in seven shot the brochures are selling you.