How the 2024 President Elect Could Impact Teenagers and How to Prepare for Success

The 2024 presidential election, with Donald Trump returning to office, will likely bring shifts in policies that could affect teenagers in education, job opportunities, healthcare, and finances. Regardless of political preferences, understanding the changes ahead can help young people make smart choices and stay prepared for new economic and social landscapes. Let’s explore how teenagers can navigate and succeed during this period.

1. Educational Opportunities and College Planning

During Trump’s previous term, there were moves to reduce government involvement in education and increase school choice options, which might influence the types of funding available to public schools and colleges. Here’s what teens can consider:

• Research Funding Options Early: If student loan policies change or financial aid becomes harder to access, look into grants, scholarships, and state programs. Developing strong academic and extracurricular records can increase eligibility for competitive funding sources.

• Consider Alternative Education Paths: With possible reductions in federal education funding, vocational training, trade schools, or certifications in tech or other skilled industries might offer faster and more affordable paths to a stable career.

2. Career and Job Market Changes

Trump’s economic focus is likely to lean toward deregulation, favoring sectors like energy, construction, manufacturing, and agriculture. This can shape which job markets are likely to grow. Here’s how to approach it:

• Stay Versatile with Skills: Building skills in sectors expected to thrive under deregulated policies, like tech, trades, and logistics, can be a strategic move. Look for local or online programs that teach hands-on skills to be ready for entry-level positions that will remain relevant.

• Get Familiar with Tech and AI: As automation and AI adoption increase, developing tech literacy will remain essential. Understanding basic coding, data analysis, or AI applications can provide a solid foundation for various fields.

3. Financial Literacy and Investment

Trump’s administration might bring changes in the stock market, with an emphasis on business-friendly policies. Here are ways for teens to get prepared financially:

• Learn Budgeting and Saving Early: During any administration, economic uncertainties can affect personal finances. Establishing a savings habit and learning to budget can help you be resilient through economic changes, especially if costs rise due to inflation or policy shifts.

• Understand Investment Options: Under a business-oriented administration, the stock market can see growth opportunities. Learning about investment basics and platforms for young investors (like index funds or diversified stocks) can help build long-term wealth.

4. Mental and Physical Wellness

Political climates can create stress, and healthcare policies may shift. It’s essential to protect personal well-being:

• Stay Informed But Balanced: Keeping up with policy changes is important, but it’s also easy to feel overwhelmed. Set limits on social media consumption to reduce stress, focusing instead on areas where you have control, like academics, hobbies, and relationships.

• Utilize Available Health Resources: Even if healthcare policies change, many communities offer free or low-cost health services. Be proactive about mental health support and general wellness, as these will help you stay focused and resilient.

5. Getting Involved

Whether you agree or disagree with policies, being an active citizen is a powerful tool:

• Learn About Local Government: Policies that most impact education and local resources often come from state and local government. Staying involved and voting when eligible can help you advocate for issues important to you.

• Volunteer or Intern in Areas of Interest: Gaining firsthand experience by working in community organizations, campaigns, or government internships can help you better understand how decisions are made and how you can influence them.

Final Thoughts

Changes in policy affect everyone differently, but preparation is key to success, regardless of who is in office. By focusing on skill-building, financial literacy, personal wellness, and civic involvement, teenagers can stay adaptable and make the most of the opportunities that lie ahead.