Student Debt Attitudes: Millennials vs. Gen X

WHY MILLENNIALS DON'T SWEAT THE STUDENT LOAN DEBT In fall 2014, approximately !! students were expected to attend American colleges and universities, constituting an increase of about 5.7 million since fall 2000. iii21 MILLION $3 CURRENTLY OVER 40 MILLION AMERICANS HAVE STUDENT LOAN DEBT. National student loan debt has reached $1.2 trillion. Rising tuition costs have motivated millennials to take a more pragmatic approach to choosing a major-one that will result in a higher salary. Despite this fact... VS. said college is worth the steep price tag 76% 68% OF GEN X OF MILLENNIALS So what does this mean? Companies are most interested in hiring graduates from these majors: Finance Computer Science Accounting Mechanical Business Engineering Administration Since 1970, the amount of students majoring in the following fields has steadily decreased: With a History • Humanities • dramatic Philosophy • decrease in Criminal Justice THIS PROVES THAT MILLENNIALS ARE CHOOSING COLLEGE MAJORS ACCORDING TO WORK OPPORTUNITIES & COMPANY DEMAND. $4 の WHAT DOES TAKING OUT A LOAN MEAN TO YOUR CREDIT SCORE? OF MILLENNIAL RESPONDENTS WHILE SAID GRADUATING FROM A 20% UNIVERSITY WAS BENEFICIAL TO THEIR CREDIT SCORE. are unsure about the correlation between NEARLY 1/3) student debt and their credit score. STUDENT LOANS DON'T HAVE TO RUN YOUR LIFE. WE'VE GOT THE TOOLS TO HELP CLICK HERE TO GET THE TOOLS TO MANAGE YOUR LOAN DEBT Sources This information is presented to you by: Digest Of Education n.pr/1Hbb2p3 credit sesame National Association of Colleges and Employers (NACE) Education