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Student debt may hurt chances at full-time employment:
A recently published study led by The University of Texas at Arlington says that student debt may hurt students' chances of securing full-time employment due to added pressure in their job search.
[...] The researchers say that having student loan debt is a financial stressor to students that leads to additional stress during their job search, which in turn can harm their chances of securing a full-time job.
"Student loan debt creates an anticipated loss of financial resources, which brings higher levels of stress to student job-seekers," said Froidevaux, who is a fellow of the Eunice and James L. West Distinguished Professorship. Her research interests include career transitions, retirement and aging in the workplace, and identity negotiation.
The more financially strained individuals are, the less likely they are to have sufficient energy and motivation to invest in their search for a successful job placement, she said. Results from the study also suggest that students who are more stressed about their student loans were likelier to work more hours in part-time jobs. This stress in searching for a job reduced the likelihood of securing full-time employment upon graduation from college. The research team used data from 1,248 graduating seniors from four different American universities.
The current level of student loan debt in the USA is $1.6 trillion, above credit card debt and auto loans, and second only to mortgage debt.
Journal Reference:
Ariane Froidevaux et al, Is student loan debt good or bad for full-time employment upon graduation from college?, Journal of Applied Psychology (2020). DOI: 10.1037/apl0000487
(Score: 2) by VLM on Thursday August 27 2020, @12:45PM (2 children)
Can't you just online or night school it?
Because everyone has to do it, the standards have to implode, such that the classes are not too hard.
I generally go to the gym on alternate days, and when I was doing online classes on non-gym days I'd do my classes at lunch time.
If you want a real blackpill, what fraction of your life is thrown away on commuting because cities are unlivable, or what fraction of your life is thrown away to pay for taxes mostly doing unproductive or anti-productive stuff?
What fraction of your life is thrown away in higher prices of everything because burning down buildings somehow creates justice for black folks?
(Score: 2) by Common Joe on Thursday August 27 2020, @03:59PM (1 child)
I've thrown a lot of my life away commuting just so I could put bread on the table. That was due to circumstances I won't get into here.
But, no. In my case, there is no online nor night school possibilities. Again, I won't get into the why. I'll just simply say it isn't feasible in my case.
I workout at home. Depending on certain circumstances, it isn't unusual for me to get up at 4:00 AM so I can have breakfast, workout, and be at work for a reasonable hour.
(Score: 2) by VLM on Friday August 28 2020, @12:44PM
Well, OK and best of luck to you.
I will say I got an online degree back in '05 and the field continually expands and the tech gets more complicated/interesting, so even if you're correct that in 2020 you can't do online, who knows, keep up with the marketplace because maybe in 2025 it'll be possible.