Monster Reveals Findings from Its First Annual Survey of High School
Graduates
More Than 2,000 High School Seniors Reveal College, Career and
Lifestyle Plans
Despite Current Trend toward Boomeranging, Few Students Anticipate
Moving Home After College Graduation
MAYNARD, Mass. (Business Wire EON/PRWEB ) May 23, 2007 --
The high school graduating class of 2007 is a tenacious and
well-connected demographic, according to Monster’s
first annual nationwide survey of graduating seniors. Among the
findings, two-thirds of those surveyed already have work experience
under their belts as they commence the next phase of their life, whether
that involves pursuing higher education, beginning their career or
entering the military. Monster is the leading global online careers and
recruitment resource and flagship brand of Monster Worldwide, Inc.
(NASDAQ: MNST).
“Monster’s inaugural
High School Graduate Survey shows that seniors are not passively waiting
for opportunity to knock on their door – they
have strategic post-graduation plans and they realize it is never too
early to consider their long-term career path,”
said Diana Nicholson, senior vice president and general manager of
Monster Youth. “Many students already have an
intended major and are aggressively preparing for their future now.”
College Choices and Financing
The Monster survey reveals that for students choosing college as their
post-high school course:
-
Most plan to call a public, medium-sized university in an urban
location home for the next four years.
-
Eighty-three percent view the availability of their intended major as
the most important factor in choosing their future university, with
the availability of financial aid packages a close second.
-
Interestingly, the presence of fraternities and sororities was cited
as the least important factor in attracting incoming freshmen.
To finance higher education, 80 percent of students surveyed plan to
utilize scholarships, 48 percent will rely on their parents and 46
percent will use their own income as the primary means for footing the
bill. Additionally, nearly 75 percent of students responding plan to
rely upon Federal financial aid assistance, while 34 percent will take
advantage of private student loans in order to close the gap between
available Federal assistance and the rapidly-increasing cost of higher
education.
Career Plans and Future Aspirations
Forty-one percent of seniors headed straight into the workforce have
already secured employment. Additionally, three-fourths of students
continuing on to college plan to work while they pursue their studies
and nearly half plan to volunteer. Although only 44 percent plan to
complete an internship during college, students should note that
relevant work experience and personal characteristics are cited as the
most important factors in hiring recent college graduates, according to
an earlier 2007 survey of entry-level hiring managers by MonsterTRAK,
the student division of Monster.
However, high schoolers are serious about their long-term career goals
and do not expect to job hop upon entering the workforce. This is
evidenced by the 63 percent of seniors who report they plan to hold only
one or two jobs within their first 10 years of employment. When looking
for their first job, students cite growth opportunities, job fulfillment
and work environment as the most important factors, and view retirement
plans and occupation title as the least important.
According to the survey, the top anticipated majors for incoming college
freshmen are healthcare, education and social services, engineering and
science/bio-pharmaceutical, suggesting a talented pipeline of future
candidates in these respective growth fields. This is especially
encouraging news for the healthcare and education sectors, given the
current skills shortage within these industries.
Lifestyle Perceptions and Communication Preferences
While only seven percent of high school students plan to “boomerang”
home after college, their perception may not be entirely realistic;
nearly half of this year’s college graduates
anticipate spending at least some time living at home after graduation,
according to MonsterTRAK’s 2007 survey of
college students.
The survey also revealed that while high school students generally
communicate through multiple channels –
including social networking sites, email, text messaging and instant
messaging – the preferred means of
communication for the “Internet Generation”
is, surprisingly, talking on the telephone. Not to be discounted, social
networking is also extremely popular among high school students –
three-in-four maintain an online profile.
“Students need to realize the importance of
portraying a positive image online, as the general public, including
college administrators and future employers, have access to the
information,” added Nicholson. “A
startling statistic from Monster’s survey of
graduating high school seniors shows that only 30 percent of students
plan to modify their online profile when looking for a job.”
Survey Methodology
Monster’s 2007 High School Graduate Survey
was conducted via its Making It Count and FastWeb sites, where students
were invited to participate in the survey, which was completed by more
than 2,000 high school students nationwide.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R),
the premier global online employment solution for more than a decade,
strives to bring people together to advance their lives. With a local
presence in key markets in North America, Europe, and Asia, Monster
works for everyone by connecting employers with quality job seekers at
all levels and by providing personalized career advice to consumers
globally. Through online media sites and services, Monster delivers
vast, highly targeted audiences to advertisers. Monster Worldwide is a
member of the S&P 500 Index and the NASDAQ 100. To learn more about
Monster's industry-leading products and services, visit www.monster.com.
More information about Monster Worldwide is available at www.monsterworldwide.com.
Special Note: Safe Harbor Statement Under the Private Securities
Litigation Reform Act of 1995: Except for historical information
contained herein, the statements made in this release constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. Such forward-looking statements involve certain risks and
uncertainties, including statements regarding Monster Worldwide, Inc.'s
strategic direction, prospects and future results. Certain factors,
including factors outside of Monster Worldwide's control, may cause
actual results to differ materially from those contained in the forward-
looking statements, including economic and other conditions in the
markets in which Monster Worldwide operates, risks associated with
acquisitions, competition, seasonality and the other risks discussed in
Monster Worldwide’s Form 10-K and other
filings made with the Securities and Exchange Commission.
See the original story at: http://eon.businesswire.com/releases/monster/college/prweb527836.htm
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Saving My Pennies - Saving you money everyday
from savingmypennies.com on Sep 5, 2007
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By Admin | September 5, 2007
Be realistic regarding free college money by Joe Hurley, founder, Savingforcollege.com Wednesday, May 23rd 2007
The just-released
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