Effects of recession on college freshmen

New York Times writer Kate Zernike reports on the annual poll of college freshman and the effects of the recession.  The annual survey showed the effects of the recession in a number of areas:

  • Two-thirds of college freshman are concerned about their ability to pay for college.
  • The percentage of freshman taking out loans is 53.3%, the highest in nine years.
  • Most students chose their college because of better financial aid or felt the graduates from that college received better job offers.
  • Students will most likely graduate with a larger debt burden.
  • Students choosing a career in business dropped to 12.1%, the lowest since 1976.

Tags: ,

Comments are closed.