High-Skilled Careers and Expenses 6 th Grade High-Skilled Careers #2 (Microsoft, 2011a)

Pre-Test 1.What are the three main types of colleges? 2.For a family of four in the Twin Cities, what are the average monthly costs for necessities? 3.What is the approximate difference of income between a person with no high school diploma and a person with a professional degree?

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 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 Source: The Brookings Institution: Economic Mobility Project, 2007

College Degree: Parent/Child Income

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 Source: Economic Policy Institute

Income by Education Level U.S. Census Bureau, 2008

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 1.Expenses and the average annual salary of a person without a high school degree? 2.Expenses and the average annual salary of two people without a high school degree? 3.Expenses and the average annual salary of two people with a high school degree? 4.Expenses and the average annual salary of two people with a Bachelor’s degree?

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 Updating Postsecondary Plan in Future Identifying Careers Of Interest – Annual Salary for Each Career

Post-Test 1.What are the three main types of colleges? 2.For a family of four in the Twin Cities, what are the average monthly costs for necessities? 3.What is the approximate difference of income between a person with no high school diploma and a person with a professional degree?

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 Microsoft Office Images. (2011a). Family of four. Retrieved from CM aspx#ai:MP CM aspx#ai:MP Microsoft Office Images. (2011b). Crossroads. Retrieved from CM aspx#mt:0| CM aspx#mt:0| Microsoft Office Images. (2011c). Money sail. Retrieved from CM aspx#mt:0| CM aspx#mt:0| The Brookings Institution: Economic Mobility Project, 2007 Economic Policy Institute: Monthly family budget U.S. Census Bureau, 2008