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From shifting loans to double majors, the financial system is altering how college students method school

Source link : https://las-vegas.news/from-shifting-loans-to-double-majors-the-financial-system-is-altering-how-college-students-method-school/

College students are taking a extra cautious method to their greater training amid the questionable financial system and new insurance policies by the Trump administration cracking down on pupil mortgage reduction. 

Extra People are incomes double majors on account of fears one diploma gained’t be sufficient to make it within the job market and fears that their pupil loans will probably be more durable to repay sooner or later.

“There’s certainly more anxiety about taking out student loans, as well as choosing majors — many students feel pressure to choose a major that will ‘pay off,” mentioned Katie Wooden, lending knowledgeable at Nerd Pockets.

A Hechinger Report analyzing federal knowledge discovered substantial will increase at some faculties in double majors from 2014 to 2024. Within the 2023-2024 faculty 12 months, 12 p.c of graduates had a double main, in comparison with 6 p.c again in 2014.

Drexel College had the largest soar in double majors, a 591 p.c enhance, with Harvard College following at 334 p.c and Belmont College at 317 p.c.

“It reflects a strategic mindset — students are pairing passion with practicality. We’re seeing combinations like psychology and data analytics or English and marketing. That said, a double major can also mean higher tuition or extra semesters, so it’s important to weigh the return on investment,” mentioned Ken Ruggiero, CEO of Ascent, a university and mortgage planning firm.

In the present day’s school…

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Author : LasVegasNews

Publish date : 2025-11-08 17:19:00

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