How Schools Can Prepare Their Students for the Professional World

Posted on November 5, 2021 by Anna

What are the most important skills that students need to prepare for the 21st Century workforce? More importantly, how can educators, boot camps, and programs help kids gain these competencies? How are universities responding to preparing their students for future employment?

We’re going to break down the top ways schools can help prepare their students for the professional world.


1. Encourage Teamwork

One of the biggest things that students today need to succeed at work is the ability to work as a team. They need to understand how to communicate, compromise and share credit so that they can be a valuable contributing member to projects. This can be taught in school by encouraging teamwork on some projects and assignments.

Students who want a position of leadership should know how to work in teams, manage projects, and meet deadlines. While students may learn these skills in the workplace, there are steps teachers can take to help prepare them for these challenges. Teachers need to dispel the idea that working together is cheating or somehow not what happens in the professional world. In many workplaces, working in teams is a requirement for success. Students must be taught how to work in teams while honoring individual accountability. Part of that will be learning how to give and receive feedback constructively. The other part is self-awareness: an ability to monitor their own progress and realize when they could use coaching or additional materials.



2. Think Towards The Future


In many ways, real-life begins at graduation for students — they begin to put their knowledge into use and manage their own finances and life plans. So schools should focus not just on whether students have learned material, but where it will take students later. Will they be a financial, career, and personal success because of what they learned? And when students ask, “Will I ever even use this in real life?” have an answer — and an example of why they will.

 

3. Teach Complex Thinking Skills

In the current workplace, it’s not just about getting to the right end, but getting there by the best path. This is something that can be reinforced in colleges or bootcamps by giving students context for decision-making and solving problems.

Jobs in the modern workplace require innovation, creativity, and the ability to look at a task and not only see the outcome, but also imagine different ways to achieve it.  Colleges and universities need to do a better job of teaching these skills. They need to teach students how to think, not what to think.

4. Involve more employers with your school


Adding workplace skills to academic study benefits students, but it also has advantages for universities. Being in touch with employers helps enhance the profile of a university with employers and make them more likely to recruit there. In addition, many national ranking systems use some measure of employment success in their calculations.

Because it involves the students who get involved in a live interview with a real employer, it means that many more recruiters know about the university. Again, this is bound to feed into job offers and help increase the school’s notability.

5. Offer Alternative Financing

The Student Borrower Protection Center reported that outstanding traditional private student loan debt grew 71% in the last decade, outpacing auto loans, credit card debt, and mortgage debt. For many families, the economic pinch is making it even more difficult to qualify for private financial aid.

The private student loan market is dependent on FICO scores and cosigners, so if you don’t have parents with great credit scores that are willing to cosign for your traditional private loan, you’re likely not going to get approved for a private student loan.

There are even students with 700 FICO scores (normally high enough for approval at a good interest rate) being quoted 18-19% interest rates on their loans for college or being rejected outright if they don’t have a cosigner.

In other words, amid uncertain economic times, the barrier to entry into higher education has gotten even higher. News of these trends has spread to universities. A recent survey of university presidents from Inside Higher Ed found that 90% of respondents are concerned about a long-term decline in overall future student enrollment. 

Using Income Share Agreements, we can open the doors to higher education to millions of Americans that either went to college and dropped out because of lack of availability of traditional loans, or that never went in the first place.

By utilizing ISAs, programs have seen higher enrollment, improved retention, and accelerated completion.

Income Share Agreements are making strong headway in the education finance world. Being a financing option that can withstand economic uncertainties such as a pandemic makes them a good option for students and schools alike. 

To be successful today, students need certain skills and key traits to perform well in real-world settings. Teaching students the skills they need in today’s work world in college and bootcamps is important!

Meratas

Meratas provides a full-service SaaS Platform for Schools and Skills-Training Courses to design, administer, and service custom ISA programs. We help institutions create impactful ISA programs designed to promote student accessibility and increase enrollment. 

Our programs are intended to incentivize students, schools, and capital providers to work together to promote and finance only the best educational programs that lead to more successful careers.

If you’re interested in offering an ISA option at your school or program that has been proven to increase student enrollment, there’s no better time to offer one than now! Click here to schedule a call with one of our ISA specialists and get your ISA program up and running today.

Although every effort has been made to provide complete and accurate information, Meratas Inc. makes no warranties, express or implied, or representations as to the accuracy of content contained herein. Meratas Inc

Posted under: Income Share Agreements, College Post, MeratasMemo

Top Twelve Best Jobs For College Students

Posted on September 29, 2020 by Anna

According to a study conducted by Georgetown University’s Center on Education, an estimated 70 percent of college students work while attending school. Of course, maintaining employment during the demanding college years is no easy feat. Finding a flexible job that pays well enough is important. Luckily, there are many jobs that offer night and weekend hours for part-time jobs for students.

Here’s a list of the 12 best jobs for college students.

1. Tutor Other Students

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Average Rate: $24.11 per hour

Take a subject you excel in and help other students improve their grades by becoming a tutor. There are many tutoring opportunities in a college setting, and it’s a good choice for part-time work as you can often choose your own hours. If your university has an educational resource center, there may be a formal tutoring position you can apply for. Tutors often set their own schedules and focus on subjects they know the most about.

When it comes to working as a part-time teacher or tutor, the options are endless.  You can find work by posting ads on your school’s Facebook page and other social media. You might also apply for positions with tutoring websites like Wyzant, Chegg Tutors, TakeLessons, Maestro, StudySoup, and Skillshare.

2. Barista

Average Rate: $10.88 per hour

While you might drink coffee to pull an all-nighter, working as a barista will really teach you all you need to know about coffee.  You’ll probably also be treated to employee discounts that will save you a ton of money on your daily coffee fix. Plus, if you’re able to land a campus job at your college’s coffee shop, you’ll meet tons of new college students. In addition to normally being able to schedule your hours out around your class schedule, many baristas reap the benefits of extra income in the form of tips.

3. Host or Server at a Restaurant

 Average Rate: $11.06 per hour

This is the go-to job for those looking to earn fast cash and gain valuable experience in the food industry. Whether your aim is to own a restaurant, work as a chef, or simply pay your way through college, this is the job opportunity for go-getters.

You’ll be on your feet for most of the shift, but the extra income gained from tips will be a great benefit to your bank account.

Restaurant hosts and hostesses greet diners at the door, lead them to their tables, provide menus, share daily specials and answer questions. They are also responsible for managing table sections and waitlists and informing servers when a new table has arrived. Restaurants are usually the busiest at night and on weekends, so this job won’t often interfere with your class schedule. Your, potentially free or discounted, break food probably also tastes way better than whatever is going on in your school cafeteria.

4. Retail Sales Associate

Average Rate: $11.38 per hour

According to Business News Daily, the most commonly held jobs by American college students are sales associate positions. A retail sales associate stocks merchandise, helps maintain display areas, greets customers, answers customer questions, and assists them in finding products. They may also be responsible for taking inventory, managing cash registers, and recording sales.

Sales associates enjoy flexibility in terms of scheduling and shift coverage, which can come in handy during particularly stressful school weeks. Additionally, many seasonal sales associate jobs open up during peak holiday months, a plus for students who need to make extra money while on break.

5. Babysitter

Average Rate: $15.27 per hour

Babysitting jobs are popular with college students because they offer plenty of flexibility. Babysitters generally make money and there are lots of different hours you can work, depending on the age of the kids you babysit. Plus, there’s the opportunity to get some of your schoolwork done during downtime.

University employees, including professors and administrative staff, usually favor college students when choosing a babysitter; if you like working with kids, keep your eye out for babysitting positions near your college.

Check with your career office or student employment office or search online for babysitting jobs.

Websites like SitterCity and UrbanSitter make it easy to find nanny and babysitting opportunities near you. You can also try posting a message on NextDoor to offer your babysitting services to local families. Care.com is also perfect if you want to work in adult and senior care. The ability to control your work hours and the relatively high pay makes these jobs ideal for college students.

6. Pet Care

 Average Rate: $11.53 per hour

Sites like Rover and Dogvacay offer on-demand employment options that fit with even the most offbeat schedules. And, those who are willing and able to host doggy daycares and overnight pet sits can end up making twice the amount of money as a dog walker. Of course, your income could be even higher if you have experiences working with nontraditional pets, such as farm animals, reptiles, and horses.

If you’re interested in caring for cats, Holidog offers services for both dogs and cats. This job is well suited for people with limited, inconsistent schedules who need to earn a small amount of extra cash.

7. Gym Receptionist

 Average Rate: $12.40/hour

Gyms open their doors early and shut them late, with many even staying open 24 hours per day, 7 days a week. These hours make for a great scheduling opportunity for college students who might be in school for a traditional 9-5 day. To sweeten the deal, most gyms offer free or deep discounts to employees, which can save you money. . High-energy college students are great fits for these positions. If you hold a personal training certificate you could also apply to be a fitness instructor. These jobs are especially good for those who play collegiate sports or are majoring in corresponding fields, such as kinesiology, dance, or physical therapy. If you love fitness and can motivate people to exercise, this is the job for you. You won’t need much experience and will save money here as well. Most places offer their employees free classes – a great way to stay active in college!

8. Lifeguard

Average Rate: $11.39 per hour

If you’re willing to get trained and certified, lifeguarding can be very rewarding. Full-time students in search of a summer job option would benefit from looking into local lifeguarding positions. There are plenty of different employers who take on summer lifeguards, from beaches to hotels to community swim centers, and more. Lifeguarding also tends to be a fun work environment.

9. Translate

Average Rate: $18-29 hour

Interpreter/translator jobs are a great option for college students who are fully bilingual. Translators typically work exclusively with written text, with many companies and clients offering fully remote options. Interpreters are often required to work in person at a variety of different venues, including schools, courthouses, and even medical facilities. You can also work as a freelance translator through a platform like Gengo. This is another job that offers a flexible, part-time job.

10.Library Monitor

Average Rate: $12.23 per hour

Library jobs are one of the most convenient jobs to have as a student because of their relatively high pay and on-campus location. If you’re worried you won’t have enough time to devote to academics, this could be a great job for you. This position will give you plenty of customer service practice and the chance to interact with college students for most of your shift. Best of all, there is usually plenty of time to do your homework.

Responsibilities generally include the supervision of study spaces to ensure a quiet atmosphere. It’s a pretty easy job, but one with lots of downtime – which means you’ll have plenty of time to catch up on reading, do homework, or study for an exam.

11. Become a Resident Advisor

Average Rate: Varies

Resident advisors, or RAs, live in the dormitories alongside students and offer support to residents and the university in the form of security and rule enforcement. They also work in a variety of clerical roles that support the management of the living quarters, such as bookkeeping, answering phones, and giving tours.

This isn’t a paid position, but the chance to have free room & board during your college years will save you as much cash as you would make in a traditional part time job. You will get the chance to closely interact, mentor, and bond with hundreds of college students a year and give back to your university in a highly influential way.  Be aware though, in order to become an RA, you must complete a competitive application process and undergo extensive training.

12. Research Assistant

Average Rate: $15.27 per hour

Gain experience in your field of interest by working as a Research Assistant for one of your professors. Research assistants collect and analyze data and prepare materials for researchers. They may also help submit research to granting agencies and foundations, manage project correspondences, and perform administrative tasks for research project leaders. Since the research is usually conducted on campus, these positions are very conveniently located.

Most colleges dedicate a lot of their resources to research. Many departments – from biology to chemistry, physics to engineering, psychology to sociology – recruit paid research assistants. Not all research is in hard science. You may be able to find a job opening doing background research for English, history, psychology, or sociology.  Check with your school’s Psych department to see what research studies are looking for participants. While the positions usually require some background knowledge of the field, if you’re majoring in an area that involves research, a research assistant job makes an excellent addition to your resume.

You’ll likely include your college jobs on your resume when applying for opportunities after you graduate. If possible, seek out positions that allow you to build the skills and experience you’ll need in your career. For example, if you’re going to school for fashion merchandising, you may want to consider looking for a job in retail.

These jobs are all mostly in-person jobs that offer great flexibility for college students but if you’re looking to be 100% remote, check out this post!

Remember to consider your flexibility limits while looking for a new job. Your classes may be scheduled sporadically with some days starting and ending earlier than others. It’s important that your job doesn’t interfere with your studies and you are able to schedule out the extra time you need to study or complete homework. That’s why the best jobs for a college student are often low-stress roles that do not require you to commit to excessive hours or spend time checking email outside of work.

About Meratas

Meratas is the leading Income Share Agreement (ISA) software company, providing a full-service, turnkey, SaaS platform to design, originate, and manage ISAs. We help universities, bootcamps, trade schools, and membership programs increase enrollment and open access to their programs. All through the power of Income Share Agreements.

We also help those looking to get an education, up-skill, or re-skill, get into the career of their dreams. All at generally no upfront cost. We pair individuals looking for a fresh new career with the best educational programs on the Meratas platform to reach their professional goals. If you’re looking to break into your new career, check out our student page and we’ll help you find the career of your dreams.

Want more career advice, education news, and student success tips? Follow us on Twitter, LinkedIn, and Instagram!

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Posted under: College Post, Professional Development

9 Fundamental Student Recruitment Strategies For Higher Ed

Posted on July 6, 2021 by Anna

2020 brought a lot of lessons with it. The Covid-19 pandemic disrupted the entire education system across the globe.

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Posted under: Student Loans, College Post
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