How Jessica could have saved $190k

 

college-studentAt 17 years old, Jessica was a very normal teenager. She was a great track athlete, doing well in school, and looking forward to graduating from high school. When it came time to apply for university, she knew she was interested in the very generic field of health care and wanted to stay somewhat close to home. Jessica decided to apply for the Health Studies program at the University of Waterloo.

1st Degree

Over the course of her four-year degree, Jessica spent $84,000 on tuition, books, living expenses and other incidental fees. At the end of her program, she decided to pursue a nursing degree. She found the Compressed Bachelor of Science in Nursing (BScN) program at the University of Western Ontario, which would allow her to complete the necessary education to become a registered nurse. This program cost her another $42,000. Upon graduation, after being very successful in her studies, Jessica passed her nursing exam and quickly became employed as a registered nurse. Congratulations Jess!!

What’s the problem with this picture?

Jessica spent a total of $126,000 and 6 years in university to become a registered nurse. If she would have known from the time she was in high school that she wanted to become a nurse, she could have gone directly into a Bachelor of Science in Nursing program right after graduating from high school. This would have cost a total of $84,000 and taken four years to complete. This direct path would have saved Jessica two years of schooling and $42,000 in tuition, fees, and living expenses.

Further, if Jessica had taken this direct path towards a nursing career, she would have been able to start working two years earlier. These two extra years of salary would have earned her an extra $148,000 in salary and overtime wages.

 

Spending an extra $42,000 on her education and missing out on $148,000 in wages adds up to a total loss of $190,000! Yikes!!

 

 

So how do you avoid losing out on this much time and money?

Investing in education and career coaching services is just that, an investment! It’s an investment in your future to get you where you want to be via the most direct path. How does it work?

  1. Assessments are used to guide you towards education and career options that are well-suited to your personality, interests, skills, aptitude, and values.
  2. Interpretations, interviews and discussions with a trained and certified coach will help you determine which options will help you achieve the career and lifestyle you want to have.
  3. Exploring your education options with someone who understands the current education system so you choose the school and program that will best help you achieve your goals, and provide the experience you want.
  4. Learning about additional strategies that will help you get the job you want and have a successful career.
  5. Creating a strong action plan for getting the skills, education, experience, and connections you need to be successful.

 

If you’re a student without a strong plan for your future education and career, consider investing in coaching services to help you get on the road to success. At Bright Futures, we help students determine their education and career path, whether they have no idea where they want to go, are considering a couple different options, or simply want reassurance that they’ve chosen the right path.

What’s the bottom line?

Education & career coaching services can save you valuable time, money and frustration by guiding you towards the right career options and appropriate education early on.

 

Learn more about education & career coaching services for students.

 


Questions?

Our mission is to help EVERYONE find happiness through their career and education. If you have any questions at all about the post-secondary application process, specific schools or programs, or specific career paths we would be happy to help. Just post your question below or on our Facebook page and we’ll get you the information you need.

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