Maybe some Gen Zers aren’t falling for it anymore. Good.
At 19 years old, Vivek belongs to Generation Z. And while her experience isn’t yet common, Gen Z is becoming more open to doing college differently or not going at all, according to a new study by TD Ameritrade TD, +0.68%
The study surveyed over 3,000 U.S. teens and adults, including approximately 1,000 Gen Z (ages 15 to 21), 1,000 young millennials (ages 22 to 28), and 1,000 parents (ages 30 to 60).
About one in five Gen Z and young millennials say they may choose not to go to college. Many others see a less conventional path through education as a good idea. Over 30% of Gen Z — and 18% of young millennials — said they have considered taking a gap year between high school and college.
What’s more, 89% of Gen Z, along with nearly 79% of young millennials, have considered an education path that looks different from a four-year degree directly out of high school. For millennials, that’s up 18% from 2017. (Gen Z was not surveyed in 2017.)
“There are more options today,” Dara Luber, a senior retirement manager at TD Ameritrade, told MarketWatch. “More students are looking at online courses, doing classes at community college, commuting from home, or going to a trade school.”
Approximately 19.9 million students will attend college in the fall of 2019, according to the National Center for Education Statistics, down from 20.3 million a decade ago when some people likely decided to further their education during the Great Recession.
While college attendance has risen from 14.8 million two decades ago, the NCES expects it to remain relatively steady over the next five years. But the $1.5 trillion in student debt has given younger students pause for thought.
It’s a shame the test subject is a paperwork American, but I guess we take what we can get. And, of course, the idiot Boomers are still 96% behind the worn lies and tripe. They were on the cutting edge, stealing all they could, before the value oversupply debasement, the 500% increase in tuition, the financial wizardry, and the anti-Western biases set in.