Finance and Business
Browser Extensions That Save You Money
Playoff Perks For Pro Athletes
6 Financial Benefits Of Spring Cleaning
How The 2014 Obama Budget Could Affect Your Finances
How To Profit From Risk
What Buffett Would Say To The 50K’ers
How Spring Cleaning Can Make You Money
The Most Expensive Sports Trophies
How To Buy Annuities (And When Not To)
The Economics Of Stay-At-Home Moms
6 Tips For Selling Your Home Fast
6 Things You Think Add Value To Your Home - But Really Don't
Making It Big On Wall Street
Predict Inflation With The Producer Price Index
10 Great Summer Jobs For Teens
The Cold, Hard Facts Behind Funding Your Retirement
The Role Of Parents In Financial Education
Broker Commissions Are Here To Stay
Money Tips To Stretch Your Retirement Nest Egg
4 Traits Banks Look For In New Staff
Earnings Guidance: Can It Accurately Predict The Future?
Is Real Estate Ever A Wise Investment For Retirees?
Get A Bank Job In 50 Days
The Diner's Guide To Tipping
Summer Money-Making Opportunities For Finance Students
While student debt has always represented a controversial and prominent issue, its recent ascent has triggered even greater consternation. Not only are the current generation of students borrowing more to fund their education, but they are also are entering an employment market that is volatile and populated with low-paying job opportunities. As a result of this, the value of overdue student loans has reached an all-time high in the United States, while nearly a third of of 20 to 24-year-old graduates are currently unemployed.

The cumulative amount of student debt in America has now reached a staggering $1 trillion; this represents the single-largest category of consumer liability outside of mortgages. The consequences of this are far reaching for graduates in the current economy, as they are unable to establish savings or fund the purchase of a house until they have found viable work and begun to repay their debt. Given that the rate of self-employment also fell by 19% among individuals aged 25 and under between 2005 and 2010, it is clear that soaring debt levels are also preventing students from becoming entrepreneurs and using their skills to create opportunities for others.

With this in mind, it is increasingly important that students seek out relevant and gainful methods of employment while in college. Whether they use their skills to secure temporary employment or establish an entrepreneurial venture, this willingness to work will enable them to create new income streams and acquire practical experience within a chosen market or industry. The latter can prove to be particularly valuable, especially when you consider rising graduate unemployment and the competition that exists for lucrative, industry specific jobs.

So, which summer jobs and work opportunities should students pursue in 2013? Consider the following options:

Become a Tutor or Mentor
With technology giant Intuit predicting that freelancers will make up 40% of the U.S. workforce by 2020, it is clear that the ability to effectively market your skills will be crucial in future employment markets. This particular talent is also becoming increasingly important for those who seek more traditional roles of employment, especially when you consider that modern recruiters are far more interested in how your skills may be deployed rather than their individual nature. By first understanding your core skills and learning how them to apply them in variable circumstances, it is possible to maximize your earning potential.

As a student, your most marketable skills will relate to your knowledge base and specific area of academic expertise. You may also have particularly strong social skills, and these attributes can be used to successfully mentor or tutor younger students. Just as individuals in employment may seek out guidance and actionable advice from more senior colleagues, so too are young students keen to benefit from those who have experience in following a similar academic course. So long as you focus on your areas of strength and can help others to recognize their innate abilities, you can generate significant income while sharing the benefit of your practical experience.

Embrace the World of Blogging
The term "accidental entrepreneur" originated from the Great Recession, as the onset of economic crisis ravaged American behavioral patterns and forced individuals to work independently out of necessity rather than desire. It is also to important to recognize the role of technology in this drive, however, as independent earning techniques such as blogging have been made increasingly accessible by innovation and advancement.

Blogging itself has encountered rapid growth during the last decade, with Technorati reporting that the number of registered Internet blogs rose from 4 million to 70 million between 2004 and 2007. As one of the world's most prominent growth industries, blogging represents a genuine money-making opportunity for students. Boasting low-cost start-up fees and access to easily manageable software, blogging can generate significant profits and help to raise awareness concerning a specific brand, cause or project.

Once again, the key is to focus on your core knowledge base and use this to create educational and engaging content. You can even market your written communication skills to firms that are hoping to promote themselves through guest blogging services. When you consider that the highest-earning blog of 2012 turned over an estimated $30,000 per day, there is ample opportunity for you to earn and gain experience is a thriving market.

Profit from Your Carefully Created Essays and Revision Materials
There have been additional innovations that have created earning opportunities for students. Consider the development of website building packages or resources that enable individuals to build their own mobile applications. Take the experience of student Nick D'Aloisio, for example, who designed an app that aggregates international news stories and condenses them for mobile devices. After further development, the young entrepreneur subsequently sold the application to Yahoo for a grand total of $30 million in March of this year.

Such an endeavor may compromise your studies, however, especially when you consider the effort that needs to be invested into the design process and subsequent negotiations. Fortunately, there are far simpler ways of earning money through technological platforms, with providing a relevant example. Using this resource, you can sell your completed academic works, essays and study notes for research purposes, earning up to $25 for every published piece of content. These items have practical value, as they can be used as reference points by fellow students, while the site itself retains the copyright so that they cannot be plagiarized or used inappropriately.

The Bottom Line
While there are many more options available to students who are looking to make money and develop practical work experience, these earning methods offer particular value. More specifically, they enable students to generate additional income without compromising their studies, while tutoring and blogging in particular provide actionable experience that can be taken forward into the current employment market. In the quest to reduce student debt and create a brighter professional future, enjoying a profitable summer may provide the ideal starting point.


How Much Should You Have In Your 401(k) To Retire?
Consequences Of Maxing Out Your Credit Card
Use Caution Trading Pink Sheet Stocks
New Tax Rules Target The Top Tax Bracket
Top 4 Most Competitive Financial Careers
The Best Entry-Level Finance Jobs For 2013
5 Ways To Increase Your Chances Of Getting A Job After College
Is Higher Education Still A Good Investment?
Why You Shouldn't Worry Too Much About New Student Loan Rates
How To Make $1 Million In Finance
Why Clients Fire Financial Advisors
Share 0 Disqus 6 Tough Questions To Ask Before Retirement
Retail Banking Vs. Corporate Banking
How To Be A Top Financial Advisor
The Basics Of A 401(k) Retirement Plan
How To Write An Effective Investment Banking Resume
The Benefits Of An Accelerated Bachelor's/Master's Degree
How Long Will You Work When You Should Be Retired?
The Importance Of Work Experience For Students
8 Clear-Cut Ways To Becoming A Better Saver
The Pros And Cons Of Pension Maximization
Top Business And Finance Degrees For 2013
Will 2014 Mark The Return Of The CD?
How Summer Businesses Survive
Social Finance Careers: Creating A Better World
How To Match Your Savings Goal With Investments
Investment Tax Basics For All Investors
Should You Borrow Money To Make Investments?
5 Secrets Credit Card Companies Don’t Want You To Know
What Determines Your Cost Basis?
Should You Buy An Annuity?
When To Buy A Mutual Fund
How Financial Advisors Are Leveraging Social Media
Maintaining Work/Life Balance For Financial Professionals
5 Financial Gifts Dad Really Wants
The Father's Day Index 2013: Dad’s Value Is Up!
Networking For Financial Professionals: Maintaining A Strong Industry Presence
4 Reasons Why Your Credit Card Company Thinks Your Card Is Stolen
Can Financial Education Rebuild America’s Economy?
4 Ways To Take Your Career To The Next Level
The Hidden Fees In 401(k)s
Is It Foolish To Strive For The American Dream?
5 Easy Fixes For A High Summer Electric Bill
Commuters' University: On-The-Road Learning
What Is The Federal Employees Retirement System (FERS) And How Does It Work?
Summer Money-Making Opportunities For Finance Students
Unexpected Challenges For Self-Employed Finance Professionals
3 Financial Tasks We Think Are Harder Than They Really Are
How To Survive When Prices Double Every Day And A Half
5 Budget Tips For Your European Backpacking Trip
The Financial Fallout Of The DOMA Repeal For Same-Sex Couples
5 Overused Resume Phrases