AIESEC Conference: Financial Literacy Case Study (Draft -‐ March 28)
Meet Jessica At 22, Jessica is a month away from graduating with her BA in art history at the University of Toronto. At just 22, she’s feeling pretty confident about passing all her exams (she’s passionate about the subject) -‐ but she’s a bit more nervous about her job prospects and her financial future. She’s seen other graduates in her program struggle to find a job -‐ and like most of her peers she has student debt. She owes $26,000 -‐ slightly less than the national average $27,000 (Canadian Federation of Students). The next year is going to mean a lot of change -‐ job hunting, adapting to the workplace, and saying goodbye to the student life she’s enjoyed for the last four years. Jessica could use some advice -‐ especially around how to handle her money. She has a lot of debt to pay off and she wants to be able to save a bit of money too once she starts working. She’s hoping she can ask you questions when she needs to and that you’ll do your homework (using some of the great resources provided) to help her figure out what her next steps are. More about Jessica: Career goals: To find a job in marketing and communications -‐ she spent the summer working for a marketing firm as an intern and loved it. Top fears: She won’t be able to find a job, she won’t be able to pay off her student debt, she’ll end up living in her parent’s basement until she’s 30… Money reality: $26,000 in student debt and no savings.