PACED Decision Making Model BESSIE MOORE CENTER FOR ECONOMIC EDUCATION DR. RITA LITTRELL What’s an Education Really Worth High School Graduate/GED Some College/ Professional Training Bachelor’s Degree Graduate School Student Profiles Maria Montez LaQuanta Laney Todd Taylor Mark May Rodney Roark Elizabeth (Elly) England P – Define Problem A – List Alternative C – Determine Criteria E – Evaluate Alternatives D – Make a Decision Where to Study in Arkansas? Four-Year Public Colleges Four-Year Private Colleges Technical Schools Two-Year Colleges ARKANSAS COLLEGES AND UNIVERSITIES: 4 Year Public Universities 4 Year Independent Universities Arkansas State University Arkansas Baptist College Arkansas Tech University Central Baptist College Henderson State University Crowley’s Ridge College Southern Arkansas University Harding University University of Arkansas at Fort Smith Hendrix College University of Arkansas at Little Rock University of Arkansas at Monticello John Brown University University of Arkansas at Pine Bluff Lyon College University of Arkansas for Medical Sciences Ouachita Baptist University Philander Smith College University of Arkansas, Fayetteville University of the Ozarks University of Central Arkansas Williams Baptist College ARKANSAS COLLEGES AND UNIVERSITIES: 2 Year Public Universities Phillips Community College of the University of Arkansas Arkansas State University – Mountain Home Pulaski Technical College Arkansas State University – Newport Rich Mountain Community College Black River Technical College South Arkansas Community College Cossatot Community College of the University of Arkansas Southeast Arkansas College College of the Ouachitas Southern Arkansas University – Tech East Arkansas Community College Mid-South Community College University of Arkansas Community College at Batesville National Park Community College University of Arkansas Community College at Hope North Arkansas College Northwest Arkansas Community College University of Arkansas Community College at Morrilton Ozarka College Arkansas Northeastern College Arkansas State University – Beebe Possible College Criteria: Majors offered & Accreditation Location (e.g., close to home, urban or suburban) Affordability (a combination of costs and aid) Size Faculty to Student Ratio Campus Activities (e.g., theater, symphony, Greek Life) Prestige Graduation Rate Admission Standards Athletics Graduate School Opportunities Career Center Success Where are the Jobs? Health Care - $62, 210 Entrepreneurship – varies Technology - $63,070 for computer systems analyst $73,550 for software developers $102,670 for information systems managers Education - $44,580 for elementary What They Pay? If you want to be a ___________ in Arkansas, you’ll make $_____. Where Can I Study My Chosen Degree? PACED Decision Making Model Worksheet: Define the Problem: Where to study higher education? Determine the Criteria 1: Criteria 2: Criteria 3: Criteria 4: Criteria 5: Criteria 6: Criteria: Cost Program of study Location Graduation Rate Student to Faculty ratio ?? List Alternatives: Value of Criteria 1: Value of Criteria 2: Value of Criteria 3: Value of Criteria 5: Value of Criteria 6: Value of Criteria 4: Alternative 1: University of Arkansas Alternative 2: Arkansas State University Alternative 3: Phillips County Community College Alternative 4: ???? Alternative 5: ???? Make a Decision: Note Opportunity Costs: Evaluate Alternatives: Paying for College 1. 2. 3. 4. 5. 6. Fill out the FAFSA Apply for the Arkansas Academic Scholarship Apply for scholarships from your college of choice Search and apply for other scholarships Use the YOUniversal form 1. 20 scholarships with just one application 2. Mobile application Arkansas Governor’s Scholars Program 1. Governor’s Distinguished Scholars - $10,000/year 1. 2. 32 ACT; 3.5 GPA; or National Achievement Finalist or National Merit Finalist Governor’s Scholars - $4000/year Student Loans: Should be last resort Research to get the best ones Beware of Debt!!!! 5 Nontraditional Ways to Pay for College 1. Begin at a community college 2. Find a work study program 3. Become a resident assistant 4. Pursue an accelerated degree 5. Join the military What Degree is Right for You? Write the letter of your best answer. You can include your second choice also. 1. What’s your favorite subject in school? a) Music or Drama b) Political Science or History c) Economics or Speech d) Wood Shop or Art e) Anything math – or science-related f) Biology or Health g) P.E. or high school sports What Degree is Right for You? Write the letter of your best answer. You can include your second choice also. 2. Which statement best describes you? a) You love being the center of attention. b) You like participating in all the extracurricular activities you can. c) You have a lot of hobbies and interests. d) you love making or fixing things – then showing them off. e) You have to have the latest gadgets as soon as they’re released. f) You enjoy volunteering, helping those in need and taking care of your siblings when they're sick. g) You love to be active and seek recreation and/o9r athletic activities often. What Degree is Right for You? Write the letter of your best answer. You can include your second choice also. 3. How do you plan to spend your next summer vacation? a) I’ll be performing at the community theater. b) I’ll be campaigning for a local politician. c) I’ll work part-time and read everything on my summer reading list. d) I’ll be helping my dad restore the old car in the driveway. e) I’ll be blogging and building up my Twitter followers. f) I’ll be volunteering with a local nonprofit or going on a mission trip. g) I’ll be playing sports, swimming and staying active. What Degree is Right for You? Write the letter of your best answer. You can include your second choice also. 4. Who do you admire most? a) Justin Beiber b) Barack Obama c) Oprah Winfrey d) Your parents e) Bill Gates f) Mother Teresa g) Michael Phelps What Degree is Right for You? Write the letter of your best answer. You can include your second choice also. 5. Your dream job is to… a) Be a celebrity b) Make a difference in the world. c) Own your own business. d) Create things. e) Invent new gadgets. f) Heal people and serve others. g) Not be stuck behind a desk all day. If you answered mostly A’s: So you want to be the next big star on TV, on the radio, in the movies or on the stage? Go for it at an Arkansas college or university! Degrees to consider: Theatre Radio Broadcasting/TV Production Music Performance Broadcast Journalism If you answered mostly B’s: Your goal is to impact change in the world. Maybe you’ll seek justice in the courtroom, work to protect the environment, create new laws in Washington, D.C., or maybe you’ll keep the nation informed with your news stories. Degrees to consider: Law Political Science Journalism Criminal Justice Wildlife Management or Ecology Sociology Philosophy If you answered mostly C’s: Your natural gravitation to the role of leader in group assignments or in student clubs proves you’re on the track for a young businessman or businesswoman – maybe even a future entrepreneur. Degrees to consider: Business Accounting Economics Public Relations Marketing Human Resource Development If you answered mostly D’s: You’re a creative type who has a knack for art and design. Or maybe carpentry or cooking is more you thing. Either way, you love having something tangible to show off after an assignment – something that truly represents you and your talents. Degrees to consider: Art Interior Design Architecture Automotive Technology Construction Management Culinary Arts Graphic Design Cosmetology Welding If you answered mostly E’s: Do you love dissecting computers or working on cars, or are you fascinated by the inner workings of electronics? A career in science and technology might suit you. Degrees to consider: Computer Science or Programming Physics Industrial Electricity Civil Engineering Chemistry Automotive Technology Aviation If you answered mostly F’s: It’s like you were born to help and care for others. You’re fascinated by medical mysteries and are always working for a good cause. You just can’t stop caring – and that’s a good thing! Degrees to consider: Elementary Education Hospitality Pre-Med Nursing Emergency Medical Technology/Paramedic Dental Hygiene Occupational Therapy Social Work If you answered mostly G’s: You can’t stand to sit in front of the TV, but if you have to, sports are all you watch. Of course, you’d rather be playing basketball with your friends or training for that half-marathon, but reading up on the best ways to stay fit and eat healthy are important too. Degrees to consider: Kinesiology Recreation & Sport Management Physical Therapy Athletic Training Exercise Science Nutrition ACT or SAT ACT = American College Testing SAT = Scholastic Aptitude Test Determine which test is right for you. Despite the differences between the two neither the ACT nor the SAT is more likely to produce a greater score. The best way to choose a test is to investigate each to determine which is right for you. ACT Practice 1. Sales for a business were $3 million more the second year than the first, and sales for the third year were double the sales for the second year. If sales for the third year were $38 million, what were sales, in millions of dollars, for the first year? A. 16 B. 17.5 C. 20.5 D. 22 E. 35 SAT Practice 1. Subservient is most nearly opposite in meaning to A. Raucous B. Onerous C. Commanding D. Illustrious Campus Visits Schedule in advance Check out places of little interest – you may be surprised! Speak Up! Bring Your Parents – this is a family decision Scout Out the Dorms – would you like to live there? Locate the Essentials Go Social Stick Around Have Fun! The Volunteer Advantage Giving back to others w ill give you joy And boost your resume! Social Network To-Do List DO Be aware of what’s public. Assume that once you’ve posted it, it’s online (and findable) forever. DON’T Safeguard personal information. Post things you might regret. Use good grammar and spelling. Over share personal information. Follow pages that’ll demonstrate your academic/career interests. Tolerate bullying. Forget common sense. Ignore networking opportunities.