YAB Members Report: Is College Still Worth It?

As debt runs deep in students’ pockets, the decision to continue education past high school is no longer a given. In 2012, undergraduate and graduate enrollment decreased for the first time in six years, dropping by half a million. The value that Millennials gain from a college degree is being questioned, and when weighed against impending student loans and a shaky job market, the odds don’t seem to be in their favor. How prepared do Millennials feel to tackle life out of high school and college? What is it like to be in college knowing that the degree you are earning might not be worth what you need it to be when you graduate? We spoke to Millennials from our Youth Advisory Board to hear what they had to say about their high school and college careers, and what the landscape of education looks like for them.
 
The Recession Put Education Into Perspective.
Millennials were no doubt hit hard by the recession, and for many students, it dictated their path going forward. YAB member Maddie, 19, has always kept college in her trajectory, but feels that it became even more important during this time, causing her to “begin to consider graduate school so I can be even more specialized and unique to future employers.” Camilla, 23, took that path as well, “taking the time for grad school, and making sure I had full funding (i.e. a salary and research funds) for my PhD.” Both rely on external funding through scholarships and grants, and help from parents in order to get by. But for some, parental support is not an option. For YAB member Skyanne, 18, “the recession made it clear that regardless of what society says, sometimes college just isn’t an option.” Boxed out of financial aid and without a co-signer for loans, paying out of pocket is the final option and is near impossible for a high…

 
 
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Millennial News Feed

Quote of the Day: “I was given ties and a vest this past holiday season.” –Male, 15, MO

Dove continues to be a leader in body-positive, girl power advertising, and they’re tackling a new beauty issue: curly hair. Their new ad begins by informing viewers that only 4 out of 10 curly haired girls think their hair is beautiful, so the call-to-action shows mothers and friends embracing their natural texture to inspire more confidence in young girls. The commercial features several females of color, promoting Dove’s message to encourage all women “regardless of race or ethnicity” to “embrace their curl type." (TimeAdweek

Millennials and teens want the marketing on their social platforms to match the content they already see there. To that end, Tumblr has handpicked a group of their site’s successful artists to join the Creatrs Network, which will help brands to create ads that fit in naturally on Tumblr’s GIF and image-heavy feeds. The group will work with advertisers to create nonintrusive ads that “its users never even notice,” and that are so attractive they will hopefully want to share. A small part of the Creatr Network works on “GIFing major events,” and Tumblr says that it has already paid $250,000 to these members. (The Verge)

15-year-old Ben Pasternak created the addictive mobile game Impossible Rush, which received over 500,000 downloads in six weeks, and now Google, Facebook, and Yahoo all want a piece of him. Patsternak stood out among the 450 Millennials accepted to Hack Generation Y, a hack-a-thon in which teams of young entrepreneurs create a product in a mere 36 hours. Pasternak’s team worked to re-code and revamp his social aggregator app One. The teen is one to watch in the tech world: he hopes to have an internship in the U.S. and said of his secret side project, “Watch out, eBay.” (Mashable)

Tapping into vloggers and bloggers has become a common, lucrative practice for brands looking to capture young consumers. L’Oréal Paris has launched “The Brush,” it’s first global video contest to find the digitally savvy new face of their brand. Beauty designers can upload a three-minute video demonstrating their talents to be judged by a panel of experts that will include popular YouTube beauty content creators. The brand is looking for a makeup artist that will help create shoots and beauty tutorials, represent the brand, and design high-end looks for everyday women. (Adweek)

The number of babies born to teens annually fell by 38.4% between 2007 and 2013, and while these numbers are obviously celebrated, the reasons for the drop remain a mystery. It is possible that a “perfect storm” of cultural, educational, and economical factors is responsible: Researchers point to high unemployment creating a climate that breeds more cautious behavior in teens, innovative sex-ed programs, and TV shows like Teen Mom as possible factors. The release of the iPhone may even receive some credit by making information on the internet more accessible, as well as driving kids to hang out less in real life. (Vox

Have some lingering questions about Millennials that you need answered for an upcoming meeting? That’s what Ypulse is here for. Silver and Gold subscribers have access to Ypulse's trend and Millennial experts for quick, personalized feedback on any topic. After each insights article, subscribers can submit questions and requests directly to our experts and receive instant responses. (Ypulse)

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