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Survey Says ...

A look at biz topics on Americans' minds.

Published June 4, 2006

Grads minds' focus on college debt

College students are finding that student loans affect their lives as much as their education does. So says an Internet poll sponsored by Alliance Bernstein Investments Inc. that surveyed 1,508 college graduates ages 21 to 35:

  •  Almost seven out of 10 are paying off student loans or have spouses who are.
  •  The average balance is greater than $29,000.
  •  Almost 40 percent of graduates with college debt expect to take more than 10 years to pay off their loans.
  •  Forty-four percent have delayed buying a house.
  •  Thirty-two percent have been forced to move back in with Mom and Dad.
  •  More than a quarter have put off a dental or medical procedure because of their financial situation.
  •  More than half think that continued hikes in interest rates will have a "major impact" on their ability to pay off student debt.
  • Twenty-nine percent regularly or occasionally miss payments.


We need a vacation this year, don't we?

Most employees are scheduling some much-needed R&R this year. So says an April survey of 400 employees by TrueCareers:

  •  Three quarters are plan-ning a vacation this year.
  •  Twenty-seven percent are heading to the beach.
  •  Fifteen percent will travel overseas; 14 percent will stay home or visit relatives.
  •  Of those opting out of vacation time, more than half say they can't afford a vacation, while 34 percent are job-hunting.
  •  One of out five reported not taking a vacation in the past three or more years.
  •  Eighty percent say their employers encourage them to take time off.
  •  When applying for a job, 91 percent say that vacation time offered is somewhat to very important.
  •  Seven of 10 think three to four weeks a year is a good amount of vacation time.


Losing job not a worry for most

In six months, American workers are showing more confidence in their job security, according to Right Management, which sur-veyed more than 1,000 full-time American workers and workers in 17 other coun-tries. Germany scored lowest on the company's Career Confidence Index at 46, Norway highest at 75:

  •  More than 80 percent think there's little to no chance they could lose their job in the coming year, an increase of 5 percent in six months. "The slow-moving economic recovery finally seems to be taking root in workers' minds," said Eileen Javers of Right Management. "Six months ago, when we last conducted this national survey, Americans were reeling from the devastating news about Hurricane Katrina. That concern resulted in worker pessimism."
  •  Three of 10 expect unemployment to rise this year, down from 45 percent half a year ago.
  •  More than half think they may advance at their company.


[Last modified June 4, 2006, 11:21:51]

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