{"id":711981,"date":"2022-11-15T10:03:16","date_gmt":"2022-11-15T15:03:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/"},"modified":"2022-11-15T10:03:16","modified_gmt":"2022-11-15T15:03:16","slug":"college-students-reporting-increased-levels-of-financial-anxiety","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/","title":{"rendered":"College Students Reporting Increased Levels of Financial Anxiety"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>College Students Reporting Increased Levels of Financial Anxiety<\/b><\/p>\n<p class=\"bwalignc\">\nStudy of 16,000 college students from Corebridge Financial and EVERFI highlights concerns over student loan debt\n<\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCorebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide.\n<\/p>\n<p>\nSeveral key survey findings show college students with increased levels of financial anxiety:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\n57% are stressed about finding a job after graduation, an increase from 50% last year\n<\/li>\n<li>\n44% feel stress about the amount of student loans they will be taking out, compared to 40% last year\n<\/li>\n<li>\n44% are stressed about not having enough money to get through the semester, a rise from 38% last year\n<\/li>\n<\/ul>\n<p>\nAdditional survey findings highlight that more students will be looking for assistance, even as they enter the workforce. Almost half of college students (45%)\u2014an increase from 30% last year\u2014expect to rely on support from their family until they can provide for themselves. Nearly one-third (33%) expect to move home at some point in the future to live with their family, an increase from 23% last year.\n<\/p>\n<p>\n\u201cGoing through tough economic times can be stressful for college students,\u201d said Terri Fiedler, President, Retirement Services at Corebridge Financial. &#8220;Talking to someone you trust, like a family member or financial professional, can put your finances in perspective and help you take action in securing your financial future.&#8221;\n<\/p>\n<p><b>Student Loans Contributing to Financial Pressures<\/b><\/p>\n<p>\nStudents are expressing greater uncertainty when it comes to their ability to pay back their college student loans. College students who expect to make their student loan payments on time fell to 69%, a drop from 77% last year. Those who expect to pay off their student loans in full decreased to 67%, from 75% the year before.\n<\/p>\n<p>\nStudents are looking for information to help them handle their student loans. When asked what would help them feel less stressed and better prepared to pay off their student loans, the top three choices were easy access to their outstanding balance (38%), a better understanding of loan repayment options (36%) and having a plan to pay off loans (36%).\n<\/p>\n<p>\n\u201cOur message to those with student loans is seek guidance, be patient and plan accordingly,\u201d said Fiedler. \u201cIt can be challenging for borrowers because they have so much to keep their eye on. Fortunately, more employers are providing student loan information and tools to their employees, and these programs can become a valuable resource for graduates making the transition from campus to career.\u201d\n<\/p>\n<p>\nCorebridge is working with many employers to help their employees take control of student loan debt. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.corebridgefinancial.com%2Frs%2Fsm%2Fstudent-debt-solutions&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=Corebridge+has+engaged+Savi&amp;index=1&amp;md5=b883e9032d2155a7e8863be395645792\">Corebridge has engaged Savi<\/a>, a social impact technology firm, to help public service employees determine their eligibility for federal repayment and forgiveness programs and identify potential savings.\n<\/p>\n<p><b>Students Taking Healthier Approach with Credit Cards<\/b><\/p>\n<p>\nIn this year\u2019s survey, college students reported they are practicing better habits when it comes to their credit cards. Eight in ten (83%) say they pay their credit card bills on time, an increase from 69% last year, and more than two-thirds (68%) are likely to pay their entire credit card bill each month, rising from 62% last year. Students who say they have multiple credit cards decreased from 25% last year to 19% this year. Only 13% say it is normal to have multiple cards at one time.\n<\/p>\n<p><b>Finding the Right College Fit<\/b><\/p>\n<p>\nCorebridge has partnered with bestselling author Jeff Selingo to create <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.corebridgefinancial.com%2Flandings%2Fcollege-search-guide&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=a+two-part+College+Search+guide+for+students+and+families&amp;index=2&amp;md5=efcc679164c58ee56f9d269ebc9e9a2d\">a two-part College Search guide for students and families<\/a> that breaks down how to find the right fit, prioritize needs and detail costs, and includes conversation starters and key terms. The guides also explain what matters most in the admissions process and how to handle essays, recommendations and outside-the-classroom activities.\n<\/p>\n<p>\n\u201cMaking the decision about where to go to college\u2014or even whether to go to college\u2014can become one of the most important choices a person makes,\u201d said Fiedler. \u201cWe hope that students and families benefit from the College Search guide we developed with college admissions expert Jeff Selingo.\u201d\n<\/p>\n<p><b>Study Methodology<\/b><\/p>\n<p>\nThis survey from Corebridge Financial and EVERFI, fielded from September 2021 \u2013 March 2022, is a nationally representative sample of 16,951 college students from 371 higher education institutions located in 42 states.\n<\/p>\n<p>\nFor more than half a century, Corebridge\u2019s group retirement segment\u2014formerly known as AIG Retirement Services\u2014has served as a leading provider of retirement plans and services to employees of tax-exempt and public sector organizations, including K-12 schools, healthcare, government, higher education and other non-profit institutions. The Retirement Services business works with approximately 2 million individuals through in-plan and out-of-plan products and services, as of September 30, 2022.\n<\/p>\n<p><b>About Corebridge Financial<\/b><\/p>\n<p>\nCorebridge Financial (NYSE: CRBG) makes it possible for more people to take action in their financial lives. With more than $345 billion in assets under management and administration as of September 30, 2022, Corebridge is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.corebridgefinancial.com&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=corebridgefinancial.com&amp;index=3&amp;md5=5fc89026c1156a5fdff12ffda2126bc0\">corebridgefinancial.com<\/a> and follow us on<i \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcorebridgefinancial%2Fabout%2F&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=d80d0d50f772249ba893ef5b23d64e97\">LinkedIn<\/a>,<i \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCLKS7ZPjX1nkdUi3pbolphA&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=YouTube&amp;index=5&amp;md5=b3bd93fdc80477a96ef18687dd8b444e\">YouTube<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Fcorebridgefin&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=Facebook&amp;index=6&amp;md5=d144d6e72e36160ceef0c9acff074b9b\">Facebook<\/a><i \/>and<i \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Ftwitter.com%2FCoreBridgeFin&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=Twitter&amp;index=7&amp;md5=80cf488f2b8a603897a84e07ec3182dd\">Twitter<\/a>.\n<\/p>\n<p><b>About EVERFI, Inc.<\/b><\/p>\n<p>\nEVERFI from Blackbaud (NASDAQ: BLKB) is an international technology company driving social impact through education to address the most challenging issues affecting society ranging from financial wellness to mental health to workplace conduct and other critical topics. Founded in 2008, EVERFI\u2019s Impact-as-a-Service\u2122 solution and digital educational content have reached more than 45 million learners globally. In 2020, the company was recognized as one of the World\u2019s Most Innovative Companies by Fast Company and was featured on Fortune Magazine\u2019s Impact 20 List. The company was also named to the 2021 GSV EdTech 150, a list of the most transformative growth companies in digital learning. Blackbaud, the world\u2019s leading cloud software company powering social good, acquired EVERFI in December of 2021. To learn more about EVERFI please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Feverfi.com%2F&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=everfi.com&amp;index=8&amp;md5=a3b32f8a155add11e295de569708fe1d\">everfi.com<\/a> or follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Feverfi&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=Facebook&amp;index=9&amp;md5=37dd4a7b08ecbf1b5966b4921ca3ff4c\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Feverfi%2F&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=Instagram&amp;index=10&amp;md5=2b9605471d36f1acc4136c102e8c2c78\">Instagram<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F1199059%2Fadmin%2F&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=11&amp;md5=6c3f75adeb93b32da36db41c03a955c4\">LinkedIn<\/a>, or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FEVERFI&amp;esheet=52968686&amp;newsitemid=20221114005818&amp;lan=en-US&amp;anchor=Twitter&amp;index=12&amp;md5=8a0f4aca13ccfcb16171faea728ad19d\">Twitter<\/a> @EVERFI.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221114005818r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20221114005818\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20221114005818\/en\/<\/a><\/span><\/p>\n<p>\nJosh Smith (Investors): <a rel=\"nofollow\" href=\"mailto:investorrelations@corebridgefinancial.com\">investorrelations@corebridgefinancial.com<br \/>\n<\/a><br \/>Matt Burkhard (Media): <a rel=\"nofollow\" href=\"mailto:media.contact@corebridgefinancial.com\">media.contact@corebridgefinancial.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Primary\/Secondary Professional Services Education Insurance Finance Continuing University<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20221114005818\/en\/1572136\/3\/Corebridge_financial_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>College Students Reporting Increased Levels of Financial Anxiety Study of 16,000 college students from Corebridge Financial and EVERFI highlights concerns over student loan debt HOUSTON&#8211;(BUSINESS WIRE)&#8211; Corebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide. Several key survey findings show college students with increased levels of financial anxiety: 57% are stressed about finding a job after graduation, an increase from 50% last year 44% feel stress about the amount of student loans they will be taking out, compared to 40% last year 44% are stressed about not having enough money to get through the semester, a rise from 38% last year Additional survey findings highlight that more students will be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;College Students Reporting Increased Levels of Financial Anxiety&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-711981","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>College Students Reporting Increased Levels of Financial Anxiety - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"College Students Reporting Increased Levels of Financial Anxiety - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"College Students Reporting Increased Levels of Financial Anxiety Study of 16,000 college students from Corebridge Financial and EVERFI highlights concerns over student loan debt HOUSTON&#8211;(BUSINESS WIRE)&#8211; Corebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide. Several key survey findings show college students with increased levels of financial anxiety: 57% are stressed about finding a job after graduation, an increase from 50% last year 44% feel stress about the amount of student loans they will be taking out, compared to 40% last year 44% are stressed about not having enough money to get through the semester, a rise from 38% last year Additional survey findings highlight that more students will be &hellip; Continue reading &quot;College Students Reporting Increased Levels of Financial Anxiety&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-15T15:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221114005818r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/college-students-reporting-increased-levels-of-financial-anxiety\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/college-students-reporting-increased-levels-of-financial-anxiety\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"College Students Reporting Increased Levels of Financial Anxiety\",\"datePublished\":\"2022-11-15T15:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/college-students-reporting-increased-levels-of-financial-anxiety\\\/\"},\"wordCount\":1012,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/college-students-reporting-increased-levels-of-financial-anxiety\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20221114005818r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/college-students-reporting-increased-levels-of-financial-anxiety\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/college-students-reporting-increased-levels-of-financial-anxiety\\\/\",\"name\":\"College Students Reporting Increased Levels of Financial Anxiety - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/","og_locale":"en_US","og_type":"article","og_title":"College Students Reporting Increased Levels of Financial Anxiety - Market Newsdesk","og_description":"College Students Reporting Increased Levels of Financial Anxiety Study of 16,000 college students from Corebridge Financial and EVERFI highlights concerns over student loan debt HOUSTON&#8211;(BUSINESS WIRE)&#8211; Corebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide. Several key survey findings show college students with increased levels of financial anxiety: 57% are stressed about finding a job after graduation, an increase from 50% last year 44% feel stress about the amount of student loans they will be taking out, compared to 40% last year 44% are stressed about not having enough money to get through the semester, a rise from 38% last year Additional survey findings highlight that more students will be &hellip; Continue reading \"College Students Reporting Increased Levels of Financial Anxiety\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/","og_site_name":"Market Newsdesk","article_published_time":"2022-11-15T15:03:16+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221114005818r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"College Students Reporting Increased Levels of Financial Anxiety","datePublished":"2022-11-15T15:03:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/"},"wordCount":1012,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221114005818r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/college-students-reporting-increased-levels-of-financial-anxiety\/","name":"College Students Reporting Increased Levels of Financial Anxiety - 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