Advanced Level
3.04
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The best way to take charge of your future is to plan for it!
2.3.4.G1
What type of
training and
education do I
need?
How much will my
training cost?
Will I earn enough
in my career to pay
for the education
and training it
requires?
Is there a career
pathway available
if I continue my
education and
training?
Will there be jobs
available?
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 3
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
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How to Determine What Type of Training and Education You Need
2.3.4.G1
Career Pathway – series of connected education and training
programs that allow you to secure a job and then to advance
within an industry or occupation.
Sources of information:
- Bureau of Labor Statistics Occupational Outlook Handbook (bls.gov)
- Academic advisors
- Individuals working in a career
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 5
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
2.3.4.G1
Doctorate and Professional
Degree
Master’s Degree
Bachelor’s Degree
Associate Degree
At each level,
there may be
certificate
programs or
informal
training
opportunities
High school and becoming a
specialist in an area
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 6
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
2.3.4.G1
1
Set overall
career goal
2
3
Determine all
training
required
For each step
consider:
Time and
cost required
Possible
occupations
Set the Career Goal
and the short term goals needed to get there
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 7
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
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
Consider opportunity costs when making higher education decisions.
2.3.4.G1
Potential Costs
• Lost wages from
not working while
in school
• Cost of higher
education/training
programs
Potential
Benefits
• Opportunity to
earn higher
wages
• More
employment
opportunities
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 9
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
2.3.4.G1
Job Outlook – demand for a particular job when you are qualified
and ready to enter the field
Write a career
goal
Research the
job outlook in
your state and
nationally
Identify
training
required
List the types
of jobs you
could do with
your training
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 10
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona


Calculate your education/training debt to your estimated starting salary.
2.3.4.G1
Training
cost
per year
Number
of years
The school’s website will help
you estimate the cost per year
Total
estimated
costs
Remember to include all costs
such as tuition and books, room
and board, etc.
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 12
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
2.3.4.G1
Debt-to-Income Ratio – standard tool that calculates whether a
borrower will have difficulty meeting his or her loan repayment
obligations
Monthly
loan
payment
Monthly
starting
wages
Debt-toincome
Ratio
Goal:
Debt-to-income ratio no more than
10 to 15% of your estimated starting income
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 13
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona
2.3.4.G1
The best way to take charge of your
future is to plan for it.
 Write
your education and training SMART goals
 Answer the following questions:
o What type of training and education is required?
o Will there be jobs available?
o Will I earn enough in my career to pay for the education?
© Take Charge Today – August 2013 – Planning for Higher Education – Slide 14
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona