Latest news with #Tallo
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First Post
5 days ago
- Business
- First Post
Why Gen Zers are becoming 'sus' about getting college degrees
A recent survey by ResumeGenius, which polled 1,000 full-time Gen Z workers across the US, shows that young adults have second thoughts about getting college degrees. While every one in four Gen Zers admitted they regret getting degrees, others wish they had picked a more lucrative field. So, what's fuelling Gen Z's ick towards colleges? read more A recent survey by ResumeGenius, which polled 1,000 full-time Gen Z workers across the US, shows that many young adults are having second thoughts about their college experience. Image for Representation. For teens coming of age in the late 2010s and early 2020s, the message was clear (and taught by most parents): finish school, go to college, and you'll land a secure job. It was seen as a guaranteed path to success. But Gen Z isn't so sure anymore. With college costs soaring, student debt piling up, and many graduates struggling to find stable work, that promise feels shaky. Add to that the rise of artificial intelligence changing entire industries, and it's no surprise more young people are asking: Was college really worth it? STORY CONTINUES BELOW THIS AD 1 out of 4 GenZs feel college was not worth it A recent survey by ResumeGenius, which polled 1,000 full-time Gen Z workers across the US, shows that many young adults are having second thoughts about their college experience. Some say they wish they had studied something else, or skipped college altogether. About one in four Gen Zers admitted they regret going to college or wish they had picked a more lucrative field, like tech, healthcare, engineering, or finance. 'Many Gen Z students feel they were told college was the only path, only to see people with strong degrees underemployed or overlooked,' said Allison Danielsen, CEO of career platform Tallo, in a conversation with Fortune. She added that students are now 'questioning whether college still delivers real value.' Tallo also conducted its own survey of over 2,000 people aged 18 to 30. They found that 62 per cent weren't even working in the field they'd originally intended to pursue. About one in four Gen Zers admitted they regret going to college or wish they had picked a more lucrative field, like tech, healthcare, engineering, or finance. Image for Representation. Meanwhile, 25 per cent said they're actively struggling to find jobs in their chosen industry, leading many to wonder whether the time, effort, and money spent on a degree was worth it. Only about a third of Gen Z workers reported being happy with their current career path. And when you look at the numbers, it's easy to see why there's growing frustration. With average tuition nearing $38,000 (Rs 32.8 lakh) a year and Gen Z students carrying an average of $23,000 (Rs 19.8 lakh) in debt, college is starting to feel like a pricey gamble with no guaranteed payoff. STORY CONTINUES BELOW THIS AD It's not just students, even parents are rethinking things. A separate survey by American Student Assistance of more than 3,000 middle and high schoolers found that 70 per cent of teens say their parents are now more open to alternatives like trade schools or apprenticeships over traditional college. 'Parents are waking up. College doesn't carry the same [return on investment] it once did because the cost is outrageous, and the outcome is uncertain,' Trevor Houston, a career strategist at ClearPath Wealth Strategies, told Fortune. 'Students now face the highest amount of debt ever recorded, but job security after graduation doesn't really exist.' Also read: What is career catfishing, the Gen Z strategy to irk ghosting corporates? The AI fear A growing worry among Gen Z is the rapid rise of artificial intelligence and what it means for their future. According to a report by Indeed, nearly half (49 per cent) of job seekers say their college degree feels less valuable in today's job market because of how quickly AI is changing the job market. STORY CONTINUES BELOW THIS AD Entry-level jobs, often the first step for graduates entering the workforce, are increasingly being taken over by automation. And that's adding to the uncertainty. According to a report by Indeed, nearly half (49 per cent) of job seekers say their college degree feels less valuable in today's job market because of how quickly AI is changing the job market. Image for Representation. Reuters 'Damned if they do or don't [go to college],' said Colin Rocker, a Gen Z content creator who shares career advice for young professionals, in a conversation with Fortune. 'On one hand, their parents, counsellors, and professors urge them away from more liberal arts majors like literature or history, but every day in the news, they see thousands of people laid off who work with more technical degrees like engineering, computer science, and marketing, as AI starts to take over.' Experts say these jobs may not vanish completely, but they are shifting into roles that barely resemble what they used to be. For Gen Z, that means the career paths they once envisioned might no longer exist, or at least, not in the way they imagined. But that doesn't mean all hope is lost. Instead, they may need to pivot and learn how to work alongside AI, rather than fear it. STORY CONTINUES BELOW THIS AD Gen Z 'is now faced with carving out a place for themselves in an economy where they're fighting for opportunity against the most advanced systems and technologies we've ever seen,' Rocker added. With input from agencies
New York Post
7 days ago
- Business
- New York Post
Is college actually worth it anymore? Gen Z isn't sure, study says
Is college becoming obsolete? A survey of 1,000 full-time Gen Z employees across the US, conducted by ResumeGenius, found that a good number of these young adults wish they'd pursued a different degree — or not attend college at all. According to the survey, about one in four Gen Zers said they regret attending college or wish they had chosen a higher-paying career path. Many young adults are starting to question if their college education was worth it. Seventyfour – 'Many Gen Z students feel they were told college was the only path, only to see people with strong degrees underemployed or overlooked,' Tallo CEO Allison Danielsen told Fortune. Adding, they're 'questioning whether college still delivers real value.' Tallo, a career consultancy company, surveyed more than 2,000 participants aged 18 to 30 and found that 62% of young adults said they aren't in the career they intended to pursue. 25% of those surveyed said they are actively struggling to find a job in their industry of choice — which is making them wonder if getting a college degree was worth it. It's not easy for today's college grads looking for work. shapovalphoto – Not all Gen Zers are unhappy — the ResumeGenius survey found that about a third of workers from this generation were content with their career choice. 49% of those who are actively looking for a job feel their college education has lost value in the job market thanks to AI, according to an Indeed report. As AI continues to evolve, it's clear that many of the traditional entry-level roles, often seen as stepping stones into the workforce, are rapidly being automated. 'Entry-level jobs tend to involve routine, well-defined tasks — exactly the kind of work current AI systems are best suited to automate,' Professor Daniela Rus, the Director of Computer Science and Artificial Intelligence Laboratory at MIT, told Newsweek. Experts argue that while some of these roles might not disappear entirely, they are evolving into something unrecognizable. For Gen Z, this transition could wipe out or change the roles they expected to apply for. However, their chances of being employed aren't completely deleted — they just might need to adapt to using this new technology. Experts claim digital nomads' familiarity with technology, particularly AI, could make them valuable assets in this new era. 'The advantage Gen Z has is that they are digital natives. They are well-positioned to work alongside AI, not in opposition to it,' Rus told Newsweek.
Yahoo
16-05-2025
- Business
- Yahoo
Tallo Uncovers Major Career Navigation Crisis Affecting 62% of Young Adults
New report reveals alarming "resource gap" as majority struggle to find their way in today's workforce RESTON, VA, May 16, 2025 (GLOBE NEWSWIRE) -- Tallo, the trusted guide bridging the gap between early talent and opportunity and a Stride, Inc. company, today announced the release of its comprehensive research report – The Resource Gap: Insights on Young Professionals' Critical Career Decisions – conducted in partnership with global decision intelligence company Morning Consult. The report reveals a critical "resource gap" affecting America's young workforce. Despite increasing online resources and information, 25% of young adults are struggling to find jobs in their intended career fields — with rural residents (32%) and those without college degrees (28%) reporting even more difficulty. Surprisingly, nearly two-thirds (62%) of respondents report that after completing their education, they're still not in the career they intended to pursue. "In today's world of endless options and information, it's easy to assume that young adults feel empowered about their futures – but our research tells a different story,' said Tallo CEO Allison Danielsen. 'The sad truth is that far too many younger workers are overwhelmed, underprepared, and disconnected from the opportunities that could change their lives. While some employers think we're facing a talent gap, the reality is that we're facing a resource gap – one we're working to close at Tallo." Tallo CEO Allison Danielsen joins CBS Evening News Plus to discuss new research on the challenges young professionals face when launching their careers. The Resource Gap is based on a survey of more than 2,000 adults aged 18-30 to understand their career journeys, resources, and the influences shaping their professional pathways. Key findings from the report include: Compared to college graduates, young adults without a degree are more likely to report struggling to find a job in their intended career path. For young adults not in their intended career, the top cited barriers to career attainment include lack of education requirements (27%), financial pressures (25%), and difficulty landing jobs in intended fields (18%) For all respondents, concerns about meeting cost-of-living expenses and student loan debt rank as the two biggest obstacles for young adults navigating career paths The findings highlight the importance of early career engagement as – according to previous Tallo research – 70% of career decisions are made before high school ends. However, the report demonstrates how many young adults are left to navigate next steps without adequate guidance or support — particularly those pursuing paths that don't follow traditional bachelor's degree pathways and are instead skilled through alternative routes (STARs). "These insights should serve as a wake-up call for employers struggling with open roles and looking to develop effective early talent strategies," said Laurel Skiff, Early Career Programs and Partnerships at BAE Systems. "By engaging with young professionals earlier and more intentionally, businesses can not only help address the guidance gap, but also build stronger talent pipelines. At BAE Systems, we've found that staying connected with early talent and having mechanisms to maintain engagement has been invaluable in seeing the return on investment for our pipeline programs. Since 2012, Tallo has empowered more than nearly 2 million young people to connect with hundreds of employers, training programs, and postsecondary providers across the country. The platform connects early talent to opportunities that lead to thriving careers while providing employers with access to talent and insights that inform early-talent strategies that resonate and yield results. The Resource Gap: Insights on Young Professionals' Critical Career Decisions report is available at: ### About Tallo Tallo is a free digital career co-pilot that moves individuals age 13-30 from career uncertainty to confident action, providing the tools and connections for lasting success. With nearly 2 million users, Tallo helps individuals discover and explore career options, learn and earn valuable credentials, and ultimately, connect directly with employers to get a job that helps them build a better life. Tallo provides the tools for every step of the journey. Tallo is a portfolio brand of Stride, Inc., a leader in online education. Learn more at CONTACT: Cheston McGuire Tallo 703-618-3112 cheston@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
