Unlike the full time job which requires long hours of labor, income earned from passive sources consume less time and energy which is convenient especially for college students. Passive income is identified as the income which is earned with minimal or no effort. With these kinds of drawbacks in either of the two options, the third alternative becomes more practical which is to earn passive income. ![]() When such situation incurs, college students are forced to make difficult choices that are: either to dropout from college to work full time or resign from job in order to concentrate in studies.īoth of these aforementioned options are ineffective as having college degree increases the chances of landing better career opportunities in long term and secondly majority of the college students don’t have luxury of adequate financial liquidity to pay their daily expenses hence a need for job occurs. ![]() This is due to the fact that in addition to the pursuing higher studies, individuals at this age are burdened with other responsibilities as well such as doing the part- time job, participating in workshops in order to upgrade their skills relevant to their field etc.īecause of increase in day to day tasks, college students often find themselves running short in time and energy which inescapably leads to burnout and deterioration in college learning. ![]() The ages between late teens and early twenties is infamous for its intensive struggle and hustle phenomenon.
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