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FIXING YOUNG AMERICA

FIXING YOUNG AMERICA. Meet Scott (circa 2004). 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!.

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FIXING YOUNG AMERICA

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  1. FIXINGYOUNG 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 ThoughtsScott Gerberscott@theyec.org

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