from DSSResources.comNew survey indicates millennials don't mind soaring college tuition and debtMOUNTAIN VIEW, Calif., July 14, 2015 /PRNewswire/ -- Credit Sesame, the leading consumer credit and personal finance company, today announces the results of a new survey of Gen X and Millennial university graduates asked about how soaring tuition and debt have altered their perceptions of higher education. Visit Credit Sesame to learn more about how to better manage student loans. Millennials (individuals born between 1981 and 2004) may be spending more for college than Gen X (those born between 1964 and 1980) and racking up record debt, but they have a more positive opinion of higher education, according to the survey, which is part of a Credit Sesame financial research series. Many young people recognize the tremendous value of a four-year degree in the workforce today and, as such, are paying closer attention to what they study. Click here for a survey infographic. Selected survey results:
Edvisors claims the class of 2015 is the most indebted class in American history, and yet, Millennials continue to defend higher education. It makes sense, given that "Americans with four-year college degrees made 98 percent more an hour on average in 2013 than people without a degree," according to an analysis of Labor Department statistics by the Economic Policy Institute. "Loans are unavoidable for many students, but it's important to remember that they don't have to run your life," said Adrian Nazari, Founder and CEO of Credit Sesame. "There are many ways to manage student loans and resources to help." In order to make managing student loan debt easier, Credit Sesame has partnered with iontuition to help users view all of their student loans in one place, as well as receive personalized analysis and repayment recommendations. Within the Student Loan Dashboard, users will soon be able to view their current student loan balance, average interest rate, current monthly payment, credit score and more. About Credit Sesame For regular updates, follow Credit Sesame on Twitter, become a fan on Facebook or visit creditsesame.com. Credit Sesame is a registered trademark of Credit Sesame, Inc. All other trademarks and product names are the property of their respective companies. Media Contact:
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