No credential equals no income progression. “In the Philippines, you need a degree to get a job that pays above minimum wage. “The future looks really bleak for youth today,” Carmina says. The situation has grown direr in the years since InvestEd’s founding. She co-established InvestEd with an aim to prioritize helping poor and low-income students who need education financing to move up in life. “Some even dropped out.”įrustrated with the plight of young people and inspired by her parents, who rose from poverty to become successful engineers, Carmina looked for a way to offer every young person the opportunity to fulfill their dreams. “They were taking on extra jobs and failing to meet their academic potential,” Carmina explains. In short, the future of young Filipinos today is a game of odds.ĭuring her time in university studying industrial engineering, Carmina Bayombong saw dozens of fellow students struggling financially. Moreover, with fewer jobs available due to the pandemic, young people just entering the labor market find themselves at a great disadvantage when competing with older, more experienced job seekers. Formal financial institutions consider these young but high-potential dreamers too great a risk because of precarious life circumstances and lack of collateral. Continuous professional improvement is the only way to secure their futures, yet access to quality education, whether traditional or non-traditional, is out of reach. In the Philippines, 30 million under-resourced youth can’t afford higher education and upskilling to allow them to move up in life.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |