I didn’t read through all the posts and I am sure you are getting many perspectives. I will share mine and yes, there are nights when I lose sleep over this. Sorry, it is a bit long.
I have two D’s. Both had very good AP, SAT and GPA’s.Math and Science scores were very good as well. Both were offered some nice merit scholarships. Both are of creative mindset. D1 is a writer. Looking back through her childhood. She has always been a writer. In fact, she wrote a short story book through Amazon Kickstarter while she was in college. She is currently pursuing and MFA after a short internship before going for the MFA.
D2 loves science but she likes to get her hands dirty. We spent a lot of time visiting schools for her. From the start, her GC said she scored very high on the creative side and probably should follow that path. Of course, I didn’t want her to be a starving artist so I gently pushed her to more science based schools and we did visit some visual arts schools. She applied to only one visual arts school. The other schools had some arts but mostly science. When we visited, she asked questions about the science programs, etc… She did not seem to find that niche, whatever it was that she was looking for. The visual arts school offered her a nice scholarship. She liked the other students there and the location. The school was clear that it was going to be tough. They were not giving us fairytales. She still struggled with the decision. Finally, we let her off the hook and told her, it would be ok if she took the scholarship at the Visual Arts school. She could try it and if she didn’t like it, she could transfer out second year. So far so good. It is more difficult than she expected and they are doing a lot of hands on projects, which she likes. She is learning how to work in teams and present her ideas. Everyone there is really passionate about what they are doing. I think it would be a dream job for her work for National Geographic.
The bottom line for us was to let them do what they enjoy while they are young and can afford to take risks. I work with people with solid career choices but many are already burnt out by 40 One CS colleague is dreaming of opening a coffee shop so he can pursue his passion of coffee. Another finance professional actually left the corporate world to write. Another, a friend, left the communications field years ago to pursue CS for more money, then left CS because of the constant pressure and now is back doing public relations as she opened her own firm. I also work with scientists who left research and academics because of low pay. In corporate, they are given more options and better pay but they are already missing the research part, which they actually enjoyed.
My friend has three kids. One studied engineering, the other medical and the youngest became a pastry chef.
The engineer graduated while the economy was in crisis and works at a small shop near their home. The medical student got an admin job. I think she gave up the medical field because of the expense. The youngest one is happily baking cakes for a well known franchise. They are all living at home.
Finally, corporate no longer offers a solid path. Job uncertainty is always there. One of the best things a young person can do these days is do something you are really good at and that you enjoy, get known in your field so you can take it with you, wherever life leads you.
I cannot tell you not to worry because I do. However, we are a different generation. Each generation does things a little different. My parents worked for the sole purposed of putting food on the table. We went to college to get a solid job but that has not made people too happy either. Funny, even though my parents worked hard in some unpleasant jobs, they never really complained as my co-worker and friends do.
P.S. I asked her for 50% of her graduation gifts from family and opened a Roth IRA for her, so at least she has a small cushion in the future.