A recent study by MissionSquare Research Institute reveals that student loan debt continues to influence borrowers’ career choices significantly after graduation. The findings indicate that 56% of public-sector and 62% of private-sector employees consider their debt when evaluating job acceptances. Author Zhikun Liu emphasizes that borrowers prioritize compensation, often at the expense of job satisfaction and advancement opportunities, particularly among male, Black, and Hispanic individuals. This persistent debt concern affects not only financial decisions but also workplace morale and retention.
Student loan debt significantly influences job choices, job satisfaction, and career advancement, affecting a majority of public and private sector employees.
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