By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Next Gen Econ
  • Home
  • News
  • Personal Finance
    • Credit Cards
    • Loans
    • Banking
    • Retirement
    • Taxes
  • Debt
  • Homes
  • Business
  • More
    • Investing
    • Newsletter
Reading: Why Don’t More American Students Take A Gap Year?
Share
Subscribe To Alerts
Next Gen Econ Next Gen Econ
Font ResizerAa
  • Personal Finance
  • Credit Cards
  • Loans
  • Investing
  • Business
  • Debt
  • Homes
Search
  • Home
  • News
  • Personal Finance
    • Credit Cards
    • Loans
    • Banking
    • Retirement
    • Taxes
  • Debt
  • Homes
  • Business
  • More
    • Investing
    • Newsletter
Follow US
Copyright © 2014-2023 Ruby Theme Ltd. All Rights Reserved.
Next Gen Econ > Personal Finance > Why Don’t More American Students Take A Gap Year?
Personal Finance

Why Don’t More American Students Take A Gap Year?

NGEC By NGEC Last updated: July 15, 2024 8 Min Read
SHARE

The traditional path for high school graduates in the United States is to immediately go to college.

This narrative says high school students must work hard to get accepted into a college or university, then immediately head off to chase their dreams as soon as they can. If high school seniors take any time off, they are scared into thinking they may be left in their hometown with all the kids who had no plans to go to college or do anything with their lives. Basically, if they don’t go to college now, they may never go at all.

This story is commonly repeated by parents who don’t want their children to lose momentum in their lives and careers, and for good reason. Gap year research cited by the Wall Street Journal noted that 10% of students who took a gap year before college hadn’t enrolled in college for the following year.

But, there are serious upsides that can come with taking a year off between high school and college, and no, this time off won’t necessarily turn your high schooler into a grifter. Experts I spoke to even said some of these benefits could lead to higher lifetime earnings and more career satisfaction down the line.

Benefits Of A Gap Year

According to Dr. Ann Marie Klotz, who serves as Vice President for Development, Enrollment, and Student Success at Naropa University, students who take a gap year do so for a range of different reasons, many of which come with benefits that can last a lifetime.

Some students spend their time off traveling abroad and strengthening their foreign language skills, whereas others work full-time so they can save the money required to pay for college in the first place. Klotz says that clarification of goals and taking time to ensure an investment in higher education is the right next step is another valid reason to take a gap year. This is especially true for students who are unsure of what they want to study and why, as well as those who could benefit from some real life experiences before heading off to university.

A gap year is also the perfect time to pursue specific opportunities that can help in one’s career later on, from internship work on a political campaign to volunteer or mission opportunities or a stint with Americorps.

“This current generation often talks about how they don’t see their professional life mirroring prior generations, and they want to explore their options and have more flexibility,” says Klotz. “A gap year is in line with that philosophy.”

There are also students who just need time to mature, as well as time to properly transition from one major era of their lives to the next. College consultant Jennifer Post Draeger of Bright Outlook Global Prep says she frequently coaches gap year students and finds they can often prepare more thoughtful and compelling university applications if they aren’t also trying to carry a heavy 12th grade course load and school activities at the same time.

Also, teen brains are still developing, and the change in maturity and confidence from age 18 to age 19 can be “significant.”

“When families are looking at U.S. college costs upwards of $50K per year, it makes sense to make this investment when a student is better prepared to make good choices and benefit from what the college has to offer,” says Draeger.

Why Students Avoid Gap Years

There are numerous reasons students never consider taking a gap year, even when it’s obvious many could benefit from taking this time. First off, Draeger says gap years are still out of the norm in many social circles. And in our social media-influenced culture where even dorm room decorating has become a trend, attending college can become just another source of “bling” for both students and parents.

Another reason may be that families are unclear on how they could put together a meaningful and successful gap year, so they aim for college simply because they know how to do that, she said.

Christopher Hamilton of Hamilton Education also points out that some families see college as a practical endeavor only, versus a time for the student to explore and learn about themselves. For these families, college education may mean little more than a pathway to a career in medicine, law, or engineering. So, instead of delaying that journey by a year, they look for ways to speed it up. That may mean taking more courses each year to graduate faster and save money, or pursuing an accelerated program of some kind, like a seven-year BS/MD program. Whatever is decided, a gap year is never part of the equation.

Of course, there are also students who want to avoid any potential downsides that come with taking a gap year. And despite the benefits of taking time off before college, there are some negative consequences that often come into play.

Admissions consultant Mary Banks of Quad Education says that delaying college for a year can leave some students out of sync with friends and people in their age group. These students may find themselves with a totally different viewpoint on life once they head off to college as a result. The re-entry process is often bumpy given the added year of maturity and life experience that can result from taking a gap year.

Hamilton also points out what economists would call “opportunity costs” that come with taking a gap year. In other words, there’s a cost involved in what you might be doing (advancing toward a degree) compared to what you are actually doing.

Then again, the opportunity cost of taking a gap year will depend on how the student spends their time. If they head overseas to learn about the world and study a new language, that could be an incredible investment on their part. The same is true if a student participates in an important internship or matures another year so they’re ready to take college seriously.

If a student takes a year off without accomplishing anything or winds up losing all motivation, on the other hand, the price tag for a gap year won’t be worth it in the end.

Read the full article here

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Penny-pinching nation: More than a third of workers say they’re living paycheck to paycheck
Next Article Is Intelligent Failure The Key To Success
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow
TiktokFollow
Google NewsFollow
Most Popular
Do You Have To Put 20 Percent Down On A House?
May 12, 2025
11 Investments Every Cautious Boomer Should Question Before Retiring
May 12, 2025
12 Hidden Discounts on Elderly Care Even Social Workers Forget
May 12, 2025
6 Coffee-Shop Add-Ons Baristas Hand Out for Free When You Know the Secret Phrase
May 12, 2025
What Is A Wealth Advisor And What Do They Do?
May 12, 2025
Private Vs. Federal Student Loans: Which Is Better In 2025?
May 12, 2025

You Might Also Like

Retirement

5 Strategies to Convert Retirement Assets Into Income

9 Min Read
Retirement

How to Withdraw From Your 401(k) After Age 60

10 Min Read
Retirement

When Can You Retire If You Were Born in 1959?

8 Min Read
Taxes

Refundable Tax Credit: Explanation, Eligibility, Benefits

7 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Next Gen Econ

Next Gen Econ is your one-stop website for the latest finance news, updates and tips, follow us for more daily updates.

Latest News

  • Small Business
  • Debt
  • Investments
  • Personal Finance

Resouce

  • Privacy Policy
  • Terms of use
  • Newsletter
  • Contact

Daily Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Get Daily Updates
Welcome Back!

Sign in to your account

Lost your password?