Expecting They'll Graduate Smoothly To a Life of Financial Independence

Dolliver, Mark
June 2005
Adweek;6/13/2005, Vol. 46 Issue 24, p33
Trade Publication
The article reports that in a poll of college juniors and seniors conducted for Citibank's Credit-ED financial-education program, 42 percent said they expect to be financially secure within three years after graduation, that is, able to afford the lifestyle you want, without incurring excessive debt. Apart from those planning to attend grad school, nearly all the respondents expect to start working soon after they graduate, including 64 percent who think they'll do so within three months. When respondents were asked how much income they expect to have during their first year out of college, their answers averaged out to a suitably modest $29,130. Just 17 percent said they expect to pull in $40,000 or more.


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