Gen Z’s student loan debt is impacting their career decisions. According to a survey by Handshake, a career community for college students, 61% of college students would take a job they don’t love in order to pay off their student loans. Nearly 44% of young participants underestimated the time they had to pay off loans, predicting five to 10 years when the typical repayment period is 20 years for loans over $20,000. YPulse’s finance and spending monitor shows that 54% of 18-to-37-year-olds currently have some kind of debt, and 36% are paying a monthly student loan bill. (PRNewswire)
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