Gap Year

The Gap Year: Good Idea or Bad One?

When my daughter came to me and told me she wanted to take a gap year after high school, my head went into immediate panic mode. The whole “gap year” idea can conjure up pictures of your kid living in the basement playing video games for the next two decades. But is a gap year a bad idea?

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The following is a post by MPFJ staff writer, Laurie Blank. Laurie is a blogger, freelance writer and mother of four. She’s psyched about teaching others how to create passive income sources like she’s done, so they can live the dream too. She shares powerful insights on her blog, Great Passive Income Ideas, that will show you how you can create passive income sources of your own. 


What Exactly Does a Gap Year Entail?

In theory, when a student takes a gap year it’s in hopes that he or she will end the 12-month period with a clearer vision of how he or she wants college to pan out. A gap year can provide several benefits to students.

Time to Find Themselves

Graduating high school leads into uncertainty for many kids. As they leave the life of “high school student under parent’s roof/thumb”, they often begin to have questions:

  • Who am I?
  • What kind of life do I want to live?
  • What are my goals and dreams?

These questions are all perfectly normal questions for high school graduates to ponder. Throwing them directly into college after high school doesn’t give them much time to figure out answers to these questions.

Time to Save for College

College is expensive—no one will argue that point. In fact, this College Data article shows that the 2018 average annual price for a public college was $25,290. The average price for private college tuition was double that.

If your child is worried about paying for college, a gap year may be the perfect solution. He or she can get a decent paying job and save, save, save so that they’ve got more money to pay for college expenses.

Hint: If you’re helping pay for college, this gives YOU more time to save as well. This is not a bad thing.

Time to Decide Whether or Not College is for Them

There is such a push these days for absolutely every student to get a degree. This is sad. Not every student wants to—or should—go to college.

If your son wants to be a plumber, why make him waste time and money on a college degree in business? If your daughter wants to be a stay-at-home mom, why not have her work and save money until she meets her soul mate?

In some cases, college just doesn’t make sense for a young person. By insisting they get a degree anyway, we’re putting them on a path toward misery.

When is a Gap Year a Bad Idea?

Gap years offer several benefits to students—but is a gap year ever a bad idea?

The biggest con when it comes to gap years is the non-plan con. A gap year should be well thought out by your student and you.

Work with them to determine why they want a gap year and what they want to accomplish during that time. Help them to set S.M.A.R.T goals to make a concrete plan for their gap year.

Discipline is key during a gap year. If your child isn’t disciplined and won’t make a plan for their gap year, they might not be disciplined enough for college either.

Conversely, the structure of college might be just what they need.

Summary

If your child is considering a gap year, the most important thing you can do is talk it out with them in a non-judgmental way. Help them to determine why a gap year is important to them and what they’ll do with the time.

Encourage them to get intentional with their goals and time management. With encouragement and support, they’ll find their way.

Now, It's Your Turn...

What do you think of the gap year concept?


Share your experiences by commenting below! ​

***Photo courtesy of https://flickr.com/photos/83633410@N07/7658051014/

About the Author Jacob A Irwin

Hi folks! My name is Jacob. I am the owner and operator of My Personal Finance Journey. I started this blog in January of 2010 and have enjoyed the journey ever since. Since finishing up graduate school in Virginia in 2014, I have been working in biopharmaceutical development in Colorado. You can read more about me and this site here​. Please contact me if you have any questions!

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  • Suchot says:

    I didn’t take a gap year but after my undergrad I debated about doing a masters right away or working for a year. Well that was many years ago and I never went back for the masters. I went on to have two successful businesses instead. You never know where life will take you.

  • Olivia says:

    I think taking a gap year depends on the individual and circumstances. I took two years off after high school and worked. I graduated two weeks after turning 17 so was a bit young. It allowed me to save for college and figure out what options were out there for education and scholarships. Our oldest son worked for two years after high school, and even though he didn’t stay in his first choice field of study, the time in the workforce gave his life a different kind of structure, and taught him self- initiated responsibility, (no teacher checking in on him). Our youngest went to college directly after high school, having gotten a full ride. Then again, he had a solid idea of what he wanted to do.

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