High skilled careers and expenses
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High-Skilled Careers and Expenses. 6 th Grade High-Skilled Careers #2. (Microsoft, 2011a). Pre-Test. What are the three main types of colleges? For a family of four in the Twin Cities, what are the average monthly costs for necessities?

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High skilled careers and expenses

High-Skilled Careers and Expenses

6th Grade

High-Skilled Careers #2

(Microsoft, 2011a)


Pre test

Pre-Test

  • What are the three main types of colleges?

  • For a family of four in the Twin Cities, what are the average monthly costs for necessities?

  • What is the approximate difference of income between a person with no high school diploma and a person with a professional degree?


Objectives

Objectives

  • 3 main types of colleges

  • College degree by parent/child income

  • Average expenses for necessities

  • Income by education level

  • Average expenses vs. income

(Microsoft, 2011b)


Types of colleges

Types of Colleges

  • University or College: Bachelors degree

    • 4 Years

    • Computer Programming, Music, Education

  • Community College: Associate degree

    • 2 Years

    • Physical Therapy, Pre-Engineering, General Studies

  • Technical College: Associate degree

    • 2 Years

    • Electrician, Computer Support Specialists, Auto Mechanic, Video Production


College degree parent child income

College Degree: Parent/Child Income

Source: The Brookings Institution: Economic Mobility Project, 2007


College degree parent child income1

College Degree: Parent/Child Income


Why college degrees are important

Why college degrees are important?

  • Why do you think college degrees are so important in getting students to move out of the lower quintile income?


Average expenses for necessities

Average Expenses for Necessities

Source: Economic Policy Institute


Income by education level

Income by Education Level

U.S. Census Bureau, 2008


Average expenses vs income

Average Expenses vs. Income

  • Minneapolis expenses: $57,000

  • No high school diploma: $19,300

  • 2 incomes - no diploma: $38,600

  • High school diploma: $30,800

  • 2 incomes – HS graduate: $61,900

  • 2 incomes – Bachelor’s degree: $111,200


What is the difference between

What is the difference between

  • Expenses and the average annual salary of a person without a high school degree?

  • Expenses and the average annual salary of two people without a high school degree?

  • Expenses and the average annual salary of two peoplewith a high school degree?

  • Expenses and the average annual salary of two people with a Bachelor’s degree?


Most interesting to you

Most Interesting to You

  • Which of the previous screens are most interesting to you? Why?

  • Previous Screens

    • College Degree: Parent/Child Income

    • Average Expenses for Necessities

    • Income by Education Level

    • Average Expenses vs. Income

(Microsoft, 2011c)


Postsecondary plan

Postsecondary Plan

  • Updating Postsecondary Plan in Future

  • Identifying Careers Of Interest

    • Annual Salary for Each Career


Post test

Post-Test

  • What are the three main types of colleges?

  • For a family of four in the Twin Cities, what are the average monthly costs for necessities?

  • What is the approximate difference of income between a person with no high school diploma and a person with a professional degree?


Review

Review

  • The three main types of colleges are:

    • 4-Year University or College

    • 2-Year Community College

    • 2-Year Technical College

  • For a family of four in the Twin Cities

    • Average monthly costs for necessities is $4,500 dollars

  • The approximate difference of annual income between a person with no high school diploma and a person with a professional degree

    • $86,000 dollars


References

References

  • Microsoft Office Images. (2011a). Family of four. Retrieved from http://office.microsoft.com/en-us/images/people-CM079001925.aspx#ai:MP900422133

  • Microsoft Office Images. (2011b). Crossroads. Retrieved from

  • http://office.microsoft.com/en-us/images/people-CM079001925.aspx#mt:0|

  • Microsoft Office Images. (2011c). Money sail. Retrieved from

  • http://office.microsoft.com/en-us/images/people-CM079001925.aspx#mt:0|

  • The Brookings Institution: Economic Mobility Project, 2007

  • Economic Policy Institute: Monthly family budget

  • U.S. Census Bureau, 2008


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