Home
 
Choose Your City
Change City

Study: Student debt rises as jobs for grads decline

Post-secondary students are taking on more debt and have less chance of finding employment in their field when they graduate, a new survey suggests.

Post-secondary students are taking on more debt and have less chance of finding employment in their field when they graduate, a new survey suggests.

The survey released yesterday by the Maritimes Provinces Higher Education Commission shows nine per cent less employment for students coming out of post secondary institutions.

In 2003, when the survey was last conducted, 95 per cent of students became employed in their field of study. Now, that figure is 86 per cent.

“This is where it has changed,” said Mireille Duguay, chief executive officer with MPHEC. “Perhaps because the economy is not as inviting as it was a few years ago.”

Duguay said because of the economic downturn the past few years, some students have only added to their debt level by going back to school because they can’t find employment after graduation.

 
Consider AlsoFurther Articles