"Financial Worries Pile on Long Before Graduation" (November 14) according to a recent article in The New York Times, which cites data from the 2012 National Survey of Student Engagement. Students are not only concerned about finding a job after college (which has become the most important factor in choosing a major for most students, especially in STEM fields) but they are also very worried about finances while in school, which can impact their engagement and performance. According to the report:
Concern for finances appears to affect many students’ academic performance. About one in four first-year students and one in three seniors frequently did not purchase required academic materials due to their cost, and a third of students believed that financial concerns interfered with their academic performance. Yet despite their financial concerns, three out of four students agreed that college is a good investment (17).
Read the complete report online.