Inflation and Career Choices of Grade 12 Students in Cabarroguis National School of Arts and Trades

Abstract

INTRODUCTION

Inflation is an economic term that refers to an environment of generally rising prices of goods and services within a particular economy. Inflation affects students' life about their living, their study, and their spirit. Student's living becomes difficult because of the rapidly rising price (S. Lakshmi, 2018). This research about the effects of inflation on the career choices of Grade 12 students is essential to determine the common problems and the effect issues. The result of this study could serve as a useful tool to help the Grade 12 students for them to realize the importance of choosing the right career in the future despite inflation.

METHODS

This research used the descriptive survey method. A total of 164 Grade 12 students of Cabarroguis National School of Arts and Trades served as the participants of the study. Frequency and percentage were used to describe the profile of the participants in terms of specialization, sex, and section. Mean was also used to describe the effects of inflation on the career choices of Grade 12 students of CNSAT in terms of choice of school and choice, of course. One-way ANOVA was used to determine the significant differences in the effects of inflation to the career choices of Grade 12 students of CNSAT in terms of the choice of school. The participants were grouped according to specialization. Data was gathered through interviews and questionnaires.

RESULTS

It has been found out that participants prefer to enroll in schools within their budget or allowance. They prefer to study in nearby universities with affordable tuition fees to save transportation cost and to save money. Moreover, participants want a course within their parents' budget, either it is a short-term course or 4 or more-year course. They also want a course that has a high-income during employment.

DISCUSSIONS

The results show that participants are being affected by the high inflation rate in terms of choice of school and course. Whatever section the participants are in; they all consider inflation as a factor that affects them in choosing their school and future careers. Part-time-job and seek for scholarships are recommended for students to lessen their problem about inflation.