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FIXING YOUNG AMERICA. Meet Scott (circa 2004) Today’s “Scotts” 74% - no access to entrepreneur education 72% - available education ineffective Average.

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Presentation on theme: "FIXING YOUNG AMERICA. Meet Scott (circa 2004) Today’s “Scotts” 74% - no access to entrepreneur education 72% - available education ineffective Average."— Presentation transcript:

1 FIXING YOUNG AMERICA

2 Meet Scott (circa 2004)

3 Today’s “Scotts” 74% - no access to entrepreneur education 72% - available education ineffective Average college loan debt: $27,000 $1 trillion debt, 8.8% default rate Youth unemployment: 14% (Grads: 9%+) GET A “REAL” JOB!

4 Barriers Millenials Face No access to Micro-Loans or Traditional Financing Student Loan Debt Boomerang Syndrome Lack of Entrepreneurship Education Lack of Support and Mentorship Tech-Only Fatigue Our Own Egos

5 How We Can Help Gen Y ?

6 Deployment of quality K-12 entrepreneurship education

7 Good bye liberal arts, hello practical education!

8 Federal student loan forgiveness & deferment

9 Intrapreneurship, startup employment and internships

10 New kind of family support system & mentorship

11 Micro-loan financing, procurement & crowd-sourcing

12 Apprenticeship-to-ownership succession programs

13 Franchise ownership vs. college

14 Public/private partnerships

15 Expand select government programs & knock down more barriers

16 We Are Fighting Back 88% - entrepreneurship education vital 33% self-employed 15% launched a business in college 23% started a business as a result of unemployment 40% created a side business

17 Final Thoughts Scott Gerber scott@theyec.org


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