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Business Communication News
Business Communication senior Taylor Murphy, a contributing editor to The Odyssey Online, writes about what graduation means to him after his journey through Stevenson.
Taylor writes, "I am proud of myself for going through all the years of school and finally getting a degree. Then on to the real world. Graduation is a good time to ... reflect on all the hard work you have done to get here. Many of us never think about how we got to this point, but you should never forget how much was sacrificed to get you to this point."
The Odyssey Online is a publishing and social media blog site that "democratizes content, giving people the opportunity to share what’s most important to them and their communities, enriching everyone with broader, more honest perspectives on topics they care about." College students especially contribute to the site.
Junior Business Communication major Wornden Ly is the subject of one of Stevenson's "Exceptional Experiences," displayed on the university's home page. He speaks about his passion for writing and photography and hopes to combine them into one career. You can read all of his story here.
U.S. News and World Report's latest article, "College Seniors: Know These 4 Financial Tips for Your Last Month of College," is worth a read. Reporter Susannah Snider offers four easy suggestions that might make these last weeks before graduation less stressful. Her tips are included below.
"Head to the financial aid office. Sorry, students, but your student loans will come due faster than you can say "income-based repayment."
For most federal loans, you'll have a six-month grace period before repayment is due (typically in November for May graduates). Private student loans may come due even sooner. Take your last month on campus to schedule a face-to-face sit-down with your friendly financial aid administrator to ask any questions about your repayment options, including deferment and forbearance. Make sure, also, that your student loan servicer has up-to-date contact information if you're changing addresses or will no longer be checking your college email address.
Discover your credit score. If you don't know what your credit score is – or how to maintain a strong credit score – now is the time to investigate. It'll give you a sense of your financial strength and prepare you to keep your score healthy in the future.
You can get your credit score for free from a number of resources, including Credit Karma, Credit.com and Credit Sesame, typically in exchange for your personal information. Your credit card issuer may even keep you updated on your score by placing it in your monthly statement. "Frankly, as a young person – you're just starting to get a credit card – I'd recommend getting a credit card from a company that's going to give you [your score] for free," says John Pelletier, director of the Center for Financial Literacy at Champlain College. You can also check your credit history by requesting a free report from one of the three credit-reporting bureaus – Equifax, Experian and TransUnion – at annualcreditreport.com. This is also a great strategy to discover any private student loan debt you have on the books (those private loans in your name should be noted on the credit report).
Prepare for transitional expenses. Ideally, you should have an emergency savings account stocked with three to six months' worth of living expenses. But let's be honest: That's a pretty tall order for a cash-strapped college student.
At the minimum, though, you should be squirreling away enough money to fund the transitional expenses that will undoubtedly arise when you leave campus. "It costs money to move, and not all employers will pay for the transition," Barnett says. Keep in mind that starting your new life may require hiring a moving truck, slapping down a security deposit on a new apartment and buying new, work-appropriate clothes for your job.
Start saving for these expenses now – and directing any graduation gifts to a savings account – and you won't need to call the Bank of Mom and Dad or, worse, put those expenses on a credit card.
Find a job. If you're still searching for a job during your last month before graduation, keep at it. "If you're a college student right now, you should be prioritizing this as much as you're prioritizing your classes," says Liz Wessel, CEO and co-founder of WayUp, a job marketplace for students and recent grads.
If you're still on the hunt, Wessel recommends looking in smaller markets where the pay may not be sky-high but the cost of living is really low. She also suggests sitting down with any professors, advisors and professional contacts who can give you good job-search advice while you're still a student. "Get all that free advice from people who are paid – it's what they do for a living – to help you," she says. It's easier to do this now than when you're a few months out of school, she says."
News from senior Meghan Loveless, who has been a digital communications intern at Stanley Black and Decker. She writes:
"I am extremely excited to announce that I have accepted a full-time position with Stanley Black and Decker post graduation! I will be working as a social media coordinator on their social team. I could not be happier to be able to start my career at a company that I have grown to love over the years. I could not have done it without everyone who helped me get to where I am today!"