Let's be fair, it is about the last time it is officially acceptable to sponge off your parents for a week jaunt to sunnier climes without having to put your hand in your own pocket. Enjoy it, spend some quality time with your family that you've not had since the odd week at Christmas or since you left for uni.
Whilst the economy is showing signs of recovery and job opportunities are increasing there is also an increasing amount of competition for every graduate job. This means that if you are joining the race you have to be prepared for what the world of work entails. Here are three top lessons to stay ahead as a 21st Century graduate.
There will be moments when you do a double take on your lifestyle... Just because there isn't a graduate scheme for it, doesn't mean you can't do the work you want to do. Go old school, send some emails, make some calls, and set yourself up... if you offer something good enough, the clients will come trotting.
When I was choosing my GCSEs at school I remember thinking (very naively... naturally) "what can I choose that will help me get into the best fashion schools in the country?" That seemed to be the recurring question at every crossroads of my education and as I progressed the reality became more and more clear: this was going to be tough...
If you were asked to draw a scientist, what would it look like? An image resembling Einstein, perhaps? Same question; but this time an engineer. Would you draw a man with a spanner? And would a computer scientist look like a guy who's keen on science fiction and junk food, working alone in a dark room?
The UK is a massively ageing population, and whilst I am not advocating letting grannies freeze to death, there does need to be a redistribution of money from somewhere towards providing young people with opportunities. Young people are ultimately the future drivers of an economy and we should be investing in their future, whilst attempting to diversify our economy.
A new report from the All Party Parliamentary Group for Micro Business has called for better integration of entrepreneurial skills at all levels of education. It's a good report that suggests combining the best of Government, academia, the business community and charitable initiatives to achieve a coordinated programme.