MOUNTAIN VIEW, Calif. (7/23/15)--With the Class of 2015 graduating with the most student loan debt in American history, do these graduates find their education worth the price of the loan? For millennials, born between 1981 and 2004, the answer is “Yes,” according to a poll by Credit Sesame.
Seventy-six percent of millennials say that college is worth the price, compared with 68% of Gen X, born between 1964 and 1980, said the credit management website (July 13).
Millennials have a more positive opinion of college and the costs of their education than do their counterparts in Gen X. Millennials also know the value of a four-year degree in the workplace and are being more pragmatic about which fields they choose to study, said Credit Sesame.
Its poll of 500 university graduates compares millennials with Gen Xers in terms of parents’ income, the cost of their university education, how future potential salaries impact the decision for a major, and whether college is worth the price.