Source:

A Majority Of Gen Z Aspires To Be Entrepreneurs And Perhaps Delay Or Skip College. Why That Might
Be A Good Idea Bernhard Schroeder(Senior Contributor)Feb 18, 2020,10:45am EST

1. whats the study all about?

The study by TD Ameritrade indicates that about one in five Gen Z and young Millennials are
considering not going to college, with many others considering an education path that looks different
from a four-year degree directly out of high school. Companies are moving into the role of educators,
offering work-specific skills training through certifications that actually provide job skills

2.problem or Objective of the Study:

The study aims to explore the aspirations and educational choices of Generation Z (Gen Z) individuals,
particularly focusing on their desire to start their own companies, concerns about college debt, and
interest in alternative education paths. It delves into the motivations driving Gen Z's entrepreneurial
ambitions, their shifting perspectives on traditional college education, and the increasing openness to
non-conventional educational routes like gap years and skill-specific training offered by companies

3.Findings:
Approximately 54% of Gen Z individuals expressed a desire to start their own company, citing reasons
such as seeking control, debt-free living, a purposeful life, and environmental consciousness as driving
factors for their entrepreneurial ambitions

A significant portion of Gen Z and young Millennials are reconsidering the necessity of traditional
college education due to concerns about debt and the evolving job market. About one in five Gen Z
and young Millennials are contemplating not attending college, with many exploring alternative
educational paths

Over 30% of Gen Z individuals have considered taking a gap year between high school and college,
while nearly 79% have contemplated pursuing an education path different from a traditional four-
year degree directly after high school. This trend indicates a growing openness towards diverse
educational experiences among Gen Z

4.Conclusion:
The study highlights the changing attitudes of Gen Z towards entrepreneurship and education,
showcasing a shift towards prioritizing practical skills, work experience, and alternative learning paths
over traditional college degrees. With an increasing number of Gen Z individuals considering options
like gap years, skill-specific training from companies, and gaining early work experience before
committing to higher education, there is a growing emphasis on flexibility, skill development, and
real-world readiness in shaping their career trajectories