x
Breaking News
More () »

Supporting a student who's not going to a 4-year college

Only one-third of Americans hold a degree, but that doesn't mean you can't help your child reach their career goals.

COLUMBIA, S.C. — Last week, celebrities, CEOs, and others were named in a 50-person indictment for admissions fraud to some of the top colleges in the country. 

RELATED: Actress Lori Loughlin released on $1 million bond in college bribery scheme

While college is an accomplishment many pursue, only one-third of Americans hold a degree. What do you do if college isn't for you or your student? 

Money expert Steven M. Hughes from Know Money Inc shares these tips for supporting students who don't have college in the cards:

  • Support Them In Business - Social media and internet have given many young entrepreneurs the opportunity to grow their business. 
    • Connect them with a business owner in the community who can give them insight into what it takes to get a business started. 
  • Help Them Learn A New Skill - Although a 4-year institution may not be for your student, it doesn't mean college altogether shouldn't be explored. 
    • If your student already has a career in mind, they can immediately take classes that are related to their profession. 
    • There is also a rising need for skilled tradesmen and tradeswomen.
  • Help Them Find An Apprenticeship - We don't hear about this line of education often anymore, but it accomplishes what many set out to do when they go to college: learn and gain experience. 
    • Apprenticeships provide work-based learning with a mentor while getting paid. 
    • Reach out to your child's school and guidance counselor to learn if the school has any company-sponsored apprenticeship programs. 

You can find out more about Know Money Inc. online.

Before You Leave, Check This Out