Re:The world needs at least 600M new jobs in the next decade...
by 6stringmerc on Thursday October 15, 2015 @04:10PM
(#10395655)
Just wanted to share I saw a link to a Gallup research piece (by way of ZeroHedge) that touches on some of the issues young people are facing, with respect to the student loan bubble and starting new businesses:
... the country can't look to people coming out of college to reverse this trend because too many of them are strapped by student loan debt. Results of the 2015 Gallup-Purdue Index -- a study of more than 30,000 college graduates in the U.S. -- provide a worrisome picture of the relationship between student loan debt and the likelihood of graduates starting their own businesses.
Among those who graduated between 2006 and 2015, 63% left college with some amount of student loan debt. Of those, 19% say they have delayed starting a business because of their loan debt. That percentage rises to 25% for graduates who left with more than $25,000 in student loan debt. According to the National Center for Education Statistics, nearly 16.9 million bachelor's degrees were conferred in the U.S. over the past 10 years -- a time frame that mirrors Gallup-Purdue Index analysis of recent graduates between 2006 and 2015.
I think Gallup could possibly be an avenue to conduct the study / research you mused about. Wonder if they ever will!
... the country can't look to people coming out of college to reverse this trend because too many of them are strapped by student loan debt. Results of the 2015 Gallup-Purdue Index -- a study of more than 30,000 college graduates in the U.S. -- provide a worrisome picture of the relationship between student loan debt and the likelihood of graduates starting their own businesses.
Among those who graduated between 2006 and 2015, 63% left college with some amount of student loan debt. Of those, 19% say they have delayed starting a business because of their loan debt. That percentage rises to 25% for graduates who left with more than $25,000 in student loan debt. According to the National Center for Education Statistics, nearly 16.9 million bachelor's degrees were conferred in the U.S. over the past 10 years -- a time frame that mirrors Gallup-Purdue Index analysis of recent graduates between 2006 and 2015.
I think Gallup could possibly be an avenue to conduct the study / research you mused about. Wonder if they ever will!
ZH: http://www.zerohedge.com/news/2015-10-15/how-13-trillion-stu...
Gallup: http://www.gallup.com/businessjournal/186179/student-loan-de...