Saturday, May 3, 2025

Money Matters - 2025 Student Money Survey

With graduation season upon us, the personal-finance website WalletHub today released its 2025 Student Money Survey, which found that nearly one-third of students think the federal government should not provide loans to students who attend schools with expensive tuition. WalletHub’s editors also picked the Best Credit Cards for 2025 Graduates to help new college and high school grads build credit and maximize their savings.

  • Tuition Crisis: 81% of students think college tuition is out of control.
     
  • Questioning the Value of Tuition: Nearly 1 in 4 students think their tuition is not a good investment.
     
  • Post-Grad Worries: The top post-graduation fear among students is not finding a job (44%), followed by student loan debt (33%) and credit card debt (18%).
     
  • Leaving Campus Unprepared: 2 in 3 students think their school is not doing enough to educate them about personal finance.
     
  • Peer Spending Pressure: 47% of students say they feel pressured by their peers to spend beyond their means.
     
  • No Loans for Pricey Schools: Nearly 1 in 3 students think the federal government should not provide loans to students who attend colleges and universities with expensive tuition.
     
  • Best Credit Card for New Grads: Petal® 2 Visa® Credit Card is the best credit card for new graduates because it has a $0 annual fee and gives up to 1.5% cash back on all eligible purchases. This is the best starter credit card for people with limited or no credit history.

     

“Students are living the good life in a lot of ways, and many graduates probably wish they could go back, but financial worries seem to be souring the experience for many young people who are currently on campus. A new WalletHub survey found that 81% of students think college tuition is out of control, and nearly 1 in 4 believe their own tuition is not a good investment. Unsustainably high tuition deserves the lion’s share of the blame, as students often leave campus with lots of debt and limited job prospects. To help solve this issue, the federal government needs to step in and stop providing loans to students who go to pricey schools - an idea 1 in 3 students agree with.

The fact that students receive such limited personal finance instruction is another major factor in the student debt crisis. Two-thirds of students say their school isn’t doing enough to teach them about personal finance. We force students to make life-changing financial decisions before they’re old enough to vote, rent a car, or have a drink, and then we’re surprised when they’re unprepared. Something needs to change.”

- Odysseas Papadimitriou, WalletHub CEO 



 
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