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To previous generations, taking a gap year was once considered an option only taken by the lazy. However, with today’s economy making it harder to find jobs and the hefty requirements placed on grad school applicants, taking a post-college gap year is a much more accepted—even encouraged—choice these days. If you’re debating taking a gap year after receiving your undergraduate diploma, below you’ll find a few things to consider.

Do You Have A Job Offer?
Specifically, have you been offered a job in your field of study? For many, this would be a dream come true. Before making the decision to turn down the job, consider the likelihood of landing a similar job after a gap year.

What Will You Be Doing In This Time?
If you’re going to take a gap year, you should have some sort of plan, even if it’s not set in stone yet. Remember, the point of taking a gap year should be to better yourself in one way or another—it should not be about moving back home for a break. Whether you travel across the country with friends, volunteer abroad, or learn a new language, you should use this time wisely.

How Will Finances Play A Role?
Once you’ve graduated, finances should always be a considering factor when making any sort of major decision, such as taking a post-college gap year. If you took out loans, you may need to start repayment within a year of graduating. If you were fortunate enough not to need loans, how will you pay for your next endeavor? Consider what you can(‘t) you afford.