Luke Persichetti Outlines 5 Common Struggles of New Graduates
For many students, university is a time of intense challenges and learning experiences. While graduation marks the triumph of this life period, it also presents a unique set of obstacles. Graduates transitioning from post-secondary education into the “real world”, will inevitably struggle while searching for careers and adjusting to their new lives.
On the cusp of so many life changes, recent Yale graduate — Luke Persichetti, claims it’s understandable why many individuals struggle with the following:
1. Struggling with Loan Repayment
Most college students have loans. For many, the realities of repayment don’t hit until after graduation. While the standard student loan has a half-year grace period, six months is often not enough time for graduates to find a job, start working, and begin earning enough to cover monthly payments. These new financial demands further increase the urgency and stress new graduates feel in regard to their employment situation and financial stress. Unfortunately, for many young adults entering the workforce for the first time, launching a career is easier said than done.
2. Burnout with Job Hunting
According to Luke Persichetti, new graduates are often overwhelmed by attempts to start their fledgling career. Understandably, many employers prefer those with experience in the industry. This creates the vicious circle most new graduates know all too well: you need experience to get a job, and you need a job to get experience.
For many new grads, the application process can feel like an endless stream of rejection. Often coupled with the new and pressing need to begin making loan payments, it’s not uncommon for recent graduates to experience feelings of panic or burnout regarding their employment situation. These feelings are normal, and should be met with coping skills, positive thought, and a focus on expectation management.
3. The Possibility of Moving Home
For a college graduate who is accustomed to living a separate and independent life, the prospect of moving back in with family may be especially discouraging. However, recent studies show it’s common and often necessary.
Every year, as many as 36% of graduating seniors indicate they plan to move back in with their family after graduation, normally for periods of at least a year or more. In a study which polled students post-graduation, only 14% indicated they lived alone or with roommates in the calendar year following the completion of their degree.
Though moving back in with mom and dad isn’t ideal for most young adults, it’s not the end of the world. Especially during a time when students may be struggling with employment and loan repayment, living with family can ease both financial and mental stress.
4. Lack of Direction
A graduate’s path after completing a higher education degree is not one-size-fits-all. Reasonably, many young adults feel a lack of direction or general feelings of confusion shortly after finishing their studies.
Many recent graduates will choose to continue their studies while others will jump head-first into careers. Alternatively, some choose to travel or take time off before entering a doctorate program or applying to medical school.
The most beneficial thing new graduates can do to ease anxieties in this realm is to embrace it. Instead of viewing a lack of direction as a problem, instead choose to view it as endless possibility. This shift in mindset will allow young adults to feel excited and energized about the future, rather than afraid and uncertain.
5. Luke Persichetti on Poor Management of Expectations
All too often, graduates expect to walk off the stage with their diploma in hand and walk straight into their high-paying dream job. Unrealistic expectations like these are further fueled by social media posts that constantly bombard recent graduates with images and stories of their peers’ supposed success.
Luke Persichetti states that graduates must realize that their career path won’t be a straight line; there will be ups and downs that will shape them as individuals, as well as shaping their careers. Keeping this in mind, it’s essential to manage expectations, and never compare your career path to those of your peers. Hard work pays off, and if you’ve completed your degree you’ve already won half of the battle.