Teens & College Savings 2019 - JA In The News | Junior Achievement of Dallas

JA is Really Newsworthy!

Local News Coverage Highlights

Thank you to these outlets for helping spread the good work JA Dallas is doing!

OffBeat Business Media: Seated2Serve Podcast - Interview with Jan Murfield

Toyota & The Dallas Morning News - JUNIOR ACHIEVEMENT AND TOYOTA ARE PREPARING NORTH TEXAS KIDS FOR SUCCESSFUL FINANCIAL FUTURES

RowlettLakeshoreTimes - Junior Achievement of Dallas receives national honor

The Scott Murray Show: Relationship Roundtable - Interview with Jan Murfield, Sabih Khan, and Jaylen Freeman (this link will trigger a download of the interview to your computer - look to the bottom of your browser for the file)

1080 KRLD News Radio - Interview with Bobby B. Lyle; Interview with John C. Goff; Interview with Mitch Hart

« Back

Teens & College Savings 2019

A new survey by Junior Achievement (JA) conducted by the research group Engine shows that more than two-thirds (69%) of teens between the ages of 13 and 17 support the idea of "debt-free college." However, that support drops to a third (33%) if it's paid for with higher taxes. The survey of 1,004 teens was conducted from April 16 to 21, 2019.

"With total student loan debt approaching $1.6 trillion dollars, it's not surprising today's teens support proposals like debt-free college," said Jack Kosakowski, President of Junior Achievement USA. "This survey shows, however, that while many teens are supportive of these proposals, they may not have a full understanding of the financial aspects involved."

The survey also found that nearly all teens (94%) plan to go to college. According to the U.S. Bureau of Labor Statistics (BLS), 69.7 percent of U.S. high school graduates enrolled in college in 2016. Just under a third (30%) of survey respondents said they expected to take out student loans to help pay for college, while nearly a fourth (22%) expected to find other ways to pay for college and the rest (41%) were unsure of how they would pay for college. According to The Institute for College Access & Success, 71 percent of U.S. college graduates have student loan debt.

"When it comes to paying for college, these results indicate many teens simply haven't given it much thought. As a result, they are going to be more inclined to borrow when they are in college," added Kosakowski. "One way to help better prepare young people to make informed decisions about paying for college is through programs like Junior Achievement."

Junior Achievement delivers programs focused on promoting work-readiness, entrepreneurship and financial literacy to students in grades K through 12. JA's programs help teens better understand their options when it comes to paying for higher education and encourages them not to take on more debt than they can pay off in a reasonable amount of time given their expected future income. In 2018, Junior Achievement reached more than 4.8 million students in the United States.

 Methodology

This report presents the findings of a Youth CARAVAN survey conducted by Engine among a sample of 1,004 13-17-year olds, comprising of 502 males and 502 females.  This survey was live on April 16-21, 2019. 

Respondents for this survey are selected from among those who have volunteered to participate in online surveys and polls.  Because the sample is based on those who initially self-selected for participation, no estimates of sampling error can be calculated.  All sample surveys and polls may be subject to multiple sources of error, including, but not limited to sampling error, coverage error, error associated with nonresponse, error associated with question wording and response options.

Comments
Trackback URL:

No comments yet. Be the first.
  • "In 4th grade, I learned about being an entrepreneur. I now own my own vending machine company, which helped me earn money to help buy our family dog."

    -Mathews Elementary Student, Plano ISD
  • "I learned that companies are looking for candidates who show they are ready to work hard and have a solid résumé."

    -Kimball High School Student, Dallas ISD
  • "When the business people come in and work with our students, it gives students a real life application and how it relates to their future."

    -Townley Elementary Principal, Irving ISD
  • "Starting with elementary school Junior Achievement I remember it being one of the best parts of the year. I got to have someone new come in and share about their life and how my future could be successful too!"

    -Alum & Volunteer
  • "That experience impacted the trajectory of my career. Today, I owned a 13 year old marketing consulting and coaching firm. Thank you JA for exposing me to my destiny."

    -Alum
  • "We not only make their lives better, but we potentially enrich all of our own lives."

    -Donor

Get Involved!

Junior Achievement
of Dallas

Donate Now    Volunteer    Request a
Program