Which way_

A majority of parents would support their child’s decision to skip college

Report: Multiverse survey suggests a shift in thinking about postsecondary education and career pathways, including apprenticeships
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What is the best pathway to a good career? There is no one answer to that important question – everyone’s path is unique. Whether that journey takes you to a four-year or community college, a trade training program, a certificate program, or straight into the workforce, each has the potential of arming you with needed skills.

“When young people are making decisions about their futures, they certainly want to have the information themselves, but they’re also really influenced by their parents, by their guidance counselor, and also their teachers,” says Rebecca Agostino, vice president of learning for Multiverse.

Preparing for the next steps after high school can be a very confusing time for teens and young adults. “We’ve said to young people for a very long time that college is the only option. And now we’re saying, there might be some other options.”

A new report from the Multiverse, which helps employers find tech apprentices in the U.S. and the U.K., shows 69% of parents in the U.S. would be supportive of their child’s decision to not attend college and go directly into the workforce.

It shows a shift in attitude about postsecondary education among parents, particularly younger parents. Seventy-one percent (71%) of parents aged 25-34 would be supportive of their child skipping college and taking a job instead, compared to just 57% of parents aged 55-64.

Multiverse founder and CEO Euan Blair says, “We now know that they (parents) care far more about what their child goes on to be able to achieve, rather than simply whether or not they go to college. In the end most parents want their children to be in a well-paid career, that provides them with economic security.”

Here are some of the other key findings in the survey conducted online for Multiverse by Stack Data Strategy:

  • Only 47% of parents agree that taking out student loans to pay for college is worth the debt that they create for their child to pay off.
  • Of the 10% of parents who said they would not want their child to go straight into the workforce, 60% worried that their child would not be successful without a college degree.
  • When asked what parents wanted for their children five years after graduating high school, 56% said a “well-paying” career.
  • Of the parents who said they would be supportive, 38% said they believed their child could get the skills they needed to have a successful career on the job.

The report also shows that professional apprenticeships such as those that Multiverse offers are relatively well known, with 78% of parents claiming they had heard about apprenticeships prior to taking the survey.

“As we search for more equitable and successful routes into great careers, this is yet more evidence that talent won’t just be found on college campuses, but increasingly through options like professional apprenticeships,” Blair adds.

Apprentices Learn More Than Hard Skills

Multiverse places tech apprentices aged 18-25 in more than 200 companies, including Google and Microsoft.

I spoke with Agostino last month at the ASU+GSV Summit in San Diego.

“It’s not enough to educate high school students, and it’s not enough to educate guidance counselors about apprenticeships. All of society needs to be aware of the opportunities and, and how they’re valued.”

Rebecca Agostino, VP learning, Multiverse

“I always think as we’re building our apprenticeship product, what does this mean for young people who are trying to plan their futures? When a young person is planning their future, they’re looking for assurance. They’re looking for something that they can depend on, somewhere they can see themselves,” she tells me.

Agostino adds that along with tech skills, apprenticeships give young people professional and soft skills that “help them to navigate a new workplace and navigate their relationship with their manager and their relationships with their teams. I think those are really undervalued in our society.”

“I think there’s such an opportunity for us as a society to really bring a growth mindset to how people can learn how to navigate new challenges and new spaces and how they can transfer those skills to future opportunities.”

Dana Beth Ardi

Executive Committee

Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.

Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.

Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.

Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.

Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.

Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.