Advertising
Advertising

How Millennials Are Doing College Wrong

How Millennials Are Doing College Wrong

Many millennials are doing one thing wrong when it comes to college. Can you guess what it is?

Sleeping through class and not doing homework? Taking out way too many loans and knowing nothing about them? If you guessed the latter, then you’re right! Millennials are taking out more in student debt than they can handle. And when it comes to repayment, they are clueless. According to a survey by Citizens Bank, 45% of those surveyed didn’t know what percentage of their salary went towards loans and a shocking 15% didn’t even know how much they owed in student loans.

Advertising

In the past decade, the number of students in debt hasn’t gone up much (about 5%), but the amount of debt they are in has doubled. This is in part to ill preparation before and a lack of knowledge of the funding that goes into paying for college. Most recent graduates regret taking out as much as they did and some say they wouldn’t have ever gone to college if they would have known how expensive it really would be.

Student Debt

Student debt is also adding up for this younger generation because parents are relying on PLUS loans to pay for the remainder of college expenses. Students can only take out $31,000 for their entire undergraduate education, but parents can take out as much as they want, even if they know they won’t ever be able to pay this off. Their children then feel like it is their responsibility to pay it off, and debt goes into the $100,000 range. Preparing for college is more than just getting good grades. Educating yourself on the types of loans and repayment options should be the first step. There are many other things you can do before, during, and after college as well to make your higher education a reality without drowning in debt.

Advertising

Starting young is the most beneficial way to be able to pay for school. Get a part-time job after school or in the summer and set a chunk of your paycheck aside for a college fund. If a job isn’t possible for you during school, like it is for some people, work your butt off in school and get ahead. Many high schools offer AP classes that give you college credit if you pass the test or classes that are offered through the college at your high school. This can put you semesters ahead and cut down the time it will take to get your degree.

Scholarships

Getting good grades or being involved can get you scholarships — AKA free money. You don’t have to get scholarships only from the college you are going to or only in a certain area (i.e. academics). Dip into scholarships from different organizations for different interests. There are hundreds of organizations that offer scholarships for all sorts of things. From being part of the National Honor Society to just being tall, a quick Google search will help you find the perfect scholarship for you. It won’t come easily, but there are plenty of options for you to apply for. The more money you can rack up in scholarships, the less you will owe back after college.

Advertising

Avoiding debt doesn’t stop once you get into college. There are four years where work can be done to avoid debt. Continue looking for scholarships. Things change while you are in college and you might find yourself qualified for more scholarships than you were when you came to the school.

Budget

Find ways to cut down on costs so you don’t need as much in student loans. This could be as simple as staying close to home in order to live at home for a few semesters or even taking a semester off to work and save up. Renting or buying used textbooks can also save you from many unnecessary expenses. While spring break in Cancun might seem like part of the college experience, it’s not. Cutting down on luxuries like this for four years will cut down on debt drastically.

Advertising

Part-Time Jobs

There are plenty of part-time, flexible jobs that are perfect for college students. Being an Uber driver only takes having a car and a license, and you can pick when you work. It can be as simple as signing up for medical transcription training online and spending nights converting recorded medical notes into text. You may not spend college with the most glamorous job, but at least you won’t be as in debt as your roommate who spends his weekends playing video games.

Paying off Student Loans

After college, there are a couple of options to get out of debt fast. Understanding the different repayment options is key to paying off Uncle Sam in a few years. There are options that allow you to pay a fixed rate and be paid in full in 10 years or there are options that work to your income. Some loans even have forgiveness programs where you no longer have to pay after a certain amount of time if you meet the criteria.

Understanding your options and what you can do to save money at all points of your college career is vital to being able to get out from under your student loans soon after graduation. If you know what you are doing beforehand and not just winging it with your loans, you’ll be out of debt and into that new Toyota Corolla LE and four bedroom house in no time.

More by this author

smartphone apps 15 Apps Everyone Should Have In the Phone How to Make Sense of Your Medical Bills in 5 Steps 6 Career Opportunities that Don’t Require a College Degree 4 Ways Hospitals Can Attract and Retain Talent in a Competitive Industry How Millennials Are Doing College Wrong

Trending in Career Advice

1 Clueless On Your Career? Sabbatical vs. Career Break 2 9 Tips for Starting a New Job and Succeeding in Your Career 3 10 Essential Career Change Questions To Ask Yourself This Year 4 10 Job Search Tools Every Jobseekers Need To Know About 5 If You Have This Key Behavior, You’ll Be More Successful Than 90% Of People

Read Next

Advertising
Advertising
Advertising

Last Updated on November 5, 2019

How to Use Visual Learning to Work More Effectively

How to Use Visual Learning to Work More Effectively

Knowledge is essential to become successful in life, your career and your business. Without learning new concepts and becoming proficient in our craft, we cannot excel in our chosen careers or archive knowledge to pass down to the next generation.

But content comes in various forms, and because how we learn influences how much we know, we need to talk about learning styles. This article will focus on how to utilize visual learning to boost your career or business.

The Importance of Knowing Your Learning Style

Knowing your learning style enables you to process new information to the best of your ability. Not only does it reduce your learning curve, you’re able to communicate these same concepts to others effectively.

But it all starts when you’re able to first identify the best way you learn.

As a college student, I soon figured out that taking online courses without visual aids or having an instructor in front of me led to poor retention of concepts.

Sure, I got good grades and performed excellently in my online exams. However. I discovered that I couldn’t maintain this performance level because I forgot 80 percent of the course content by the end of the semester.

There are several types of learning styles known to mankind. To give an idea of how visual learning stacks up against other learning styles, here’s a brief mention of some of the different types of learning styles we have.

The four most popular types of learning styles are:

Advertising

  • Visual learning style (what this article talks about).
  • Aural or auditory learning style (learning by listening to information presented).
  • Verbal or linguistic learning style (learning that involves speech and writing).
  • Tactile learning style (learning by touching and doing)

But for the purposes of this article, we will be focusing on using visual learning to boost your career or business.

How to Know If You’re a Visual Learner?

When it comes to boosting your career, business (or education), a visual learner is one who would most definitely choose shapes, images, symbols, or reading over auditory messages.

I’m talking about preferring to read an actual map when navigating to a new place over listening to verbal directions. I’m talking about discovering that you actually have trouble remembering what your manager said at the meeting because there were no graphs or illustrations to support the points raised.

Most people who struggle with learning probably aren’t leveraging their best learning styles. The earlier you identify how your learning style can boost your success, the less struggle you will encounter with processing new information throughout your career.

However, visual learning in particular CAN 10x your career or business whether it is your preferred learning style or not. And here’s why:

Several studies have arrived at the conclusion that the brain retains more information with the help of visual aids. In other words, images are directly processed by our long-term memory which helps us store information for longer periods of time.[1]

While some lessons can be performed orally, several concepts can only make sense if you have an image with an explanation of sequences (i.e learning about the human DNA).

Visual learning does use a different part of the brain and visual cues are processed by the part of the brain known as the occipital lobe.

Advertising

By engaging more parts of the brain during learning, you’re able to have a fuller understanding of concepts and facilitate better interaction with your immediate environment.

How to Use Visual Learning for Success

Here’re 4 ways to use visual learning to boost your career or business:

1. Bring back the to-do list. Then add shapes and colors to boost productivity.

We live in an age where computers have taken over virtually every aspect of productivity and most human functions. But written lists are making a comeback, and with an endless number of important tasks to complete, having a to-do list of tasks in order of importance can improve your productivity.

While coming up with a list is initially challenging, adding colors and shapes to written lists that you personally write and manage gives you an extra layer of assurance and boosts aids recall so that you actually get stuff done.

I have tried this technique in my work as a registered nurse and discovered that adding shapes and colors to to-do lists helps me delegate tasks, recognize where more work is needed, and makes it easy to cross off completed tasks at the end of the day.

2. Add graphs, charts and symbols to your reports.

Yes, it seems like more work cut out for you. However, graphs enable you monitor the heartbeat of your business.

Graphs and charts help you trend your finances, budget, and pretty much any data overtime. With the help of free and premium software available on the market, it has become easier to take plain data and in a matter of seconds, have relevant information displayed in different shapes and images.

As an entrepreneur, you can make predictions and allocate funds wisely when you’re able to see whether your efforts are rewarded. You can use colors and charts to delegate actions to members of your team and track performance at the same time.

Advertising

And when broken down into monthly, quarterly, bi-annual or annual goals, graphs and charts communicate what ordinary text cannot.

3. Effectively brainstorm with mind-mapping.

Mind-mapping is not new but I don’t think it’s been talked about as often as we do to-do lists.

With mind mapping, you’re organizing information accurately and drawing relationships between concepts and pieces from a whole.

Think of a mind map as a tree with several branches. For example, the tree can symbolize healthcare while each branch stands for nursing, medicine, laboratory science, and so on. When you look at nursing, you can further branch out into types of nursing; pediatric, women’s health, critical care, and so on.

It’s an interesting relationship; the more ideas you’re able to come up with for your chosen subject, the deeper you get and the stronger the association.

Mind maps really show you relationships between subjects and topics, and simplifies processes that might seem complicated at first glance. In a way, it is like a graphical representation of facts presented in a simple, visual format.

Mind mapping isn’t only limited to career professionals; business owners can benefit from mind mapping by organizing their online learning activities and breaking down complex tasks into simple actions so that you can accurately measure productivity.

4. Add video streaming to meetings.

What if you could double the productivity of your team members by video streaming your meetings or adding flash animation to your presentation at the same time?

Advertising

When you offer video as an alternative method of processing information to colleagues, there is a greater chance of retaining information because we recreate these stories into images in our minds.

For organizations that hold virtual meetings, it can also be an effective way to enhance performance during if people can see their colleagues in addition to flash animation or whatever form of video is provided during the meeting.

Is Visual Learning Better Than Other Learning Styles?

No, that is not the point. The goal here is to supplement your existing dominant learning style with visual learning so that you can experience a significant boost in how you process and use everyday information.

You might discover that understanding scientific concepts are much easier after incorporating visual learning or that you’re able to understand your organization’s value when projected on a visual screen with charts and graphs.

The overall goal is to always be learning and to continue to leverage visual learning style in your career and business.

More About Learning Styles

Featured photo credit: Unsplash via unsplash.com

Reference

Read Next