|Weekly News Digest
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Cengage Studies the Economic and Social Environments of Graduates
Cengage released the first annual Cengage Student Opportunity Index, a study of the opportunity environment for graduates across 17 indicators, based on a survey of 2,500 recent and upcoming college graduates as well as existing public data. Scores were calculated on a national and a regional level, and the categories of opportunity are employment, economic, social, and personal well-being.
The key findings are separated by category:
- The employment category shows that 93% of upcoming graduates think they’ll get a job in their educational field within 6 months, but only 60% do.
- The economic category shows that 51% of graduates have student loan debt (the average amount is nearly $23,000), and 65% of them will have to move from their current area in order to afford housing.
- The social category shows that 61% of respondents think they’ll be better off than their parents, but 48% believe the country is headed in the wrong direction.
- The personal well-being category shows that 62% of respondents have had problems with paying for a healthcare expense.
For more information and more key findings, read the press release.
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