The 'The Gifts Grads Get' infographic assures those who have recently escaped the clutches of education that there is more to look forward to than the sweet taste of freedom.
Grads will be happy to know that the most common forms of gifts are presented as cash or at least gift cards, so there will be no need for a rush refund trip. Also good to know is that despite recessionary woes, people are feeling more generous than ever, with the total value of presents received reaching an all-time high at $4.74 billion.
Although that seems like quite the hefty number, it is important to remember that compared to student debt, these small consolations do not compare. Do not indulge purely on whim!
What's Driving This Trend
- Gifts for Graduates
- Disruptive innovation opportunity: Creating innovative and personalized gift options for graduates that go beyond cash or gift cards.
- Generosity on the Rise
- Disruptive innovation opportunity: Developing platforms or services that encourage and facilitate generosity in gift-giving, tapping into the increasing trend of people feeling more generous than ever.
- Managing Student Debt
- Disruptive innovation opportunity: Creating innovative solutions or services to help students manage and reduce their debt burden.
Who This Affects Most
- E-commerce
- Disruptive innovation opportunity: Creating online platforms or marketplaces specifically catering to gift options for graduates.
- Financial Services
- Disruptive innovation opportunity: Developing financial tools or services that help graduates make better financial decisions with their cash or gift cards.
- Education Technology
- Disruptive innovation opportunity: Building digital platforms or tools that provide resources and support for managing student debt.
