Haunted by costly degrees and insurmountable student debt, American college students now spend more time working paid jobs than in lectures, the library or studying at home.
The vast majority of current students, 85%, work while enrolled, according to an HSBC survey published Thursday. Students spend an average of 4.2 hours a day working paid jobs, which is more than double the time they spend in the library, nearly two hours more than they spend in class and 1.4 hours more time than they spend studying at home.
"The economics of the debt crisis have become a major distraction to students' education," said John Hupalo, founder and chief executive officer of Invite Education, an education financial planner. "Students' first priority should be to get value out of their education, not squeezing out hours at a job in order to make money to sustain that education."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
