2 ms·
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 t
by 6stringmerc 11y ago
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!
ZH: http://www.zerohedge.com/news/2015-10-15/how-13-trillion-student-debt-broke-birthdeath-adjustment-model http://www.zerohedge.com/news/2015-10-15/how-13-trillion-stu...
Gallup: http://www.gallup.com/businessjournal/186179/student-loan-debt-major-barrier-entrepreneurship.aspx?utm_source=alert&utm_medium=email&utm_content=morelink&utm_campaign=syndication http://www.gallup.com/businessjournal/186179/student-loan-de...