English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

The purpose of this study was to investigate unsecured debt (student loans and credit cards) and the practice of saving early for retirement by recent female college graduates. An electronic survey was conducted among 1994 2004 female graduates of the University of Central Arkansas. In addition to all graduates from the years 1994, 1999, and 2004, an oversampling of 1994-2004 Family and Consumer Sciences graduates was conducted for comparison. The amount of student loan and credit card debt, the amount of retirement savings, attitudes toward retirement, and expectations toward retirement were investigated. The study was grounded in the Theory of Reasoned Action and the findings supported the theoretical construct. The study revealed lower than national average amounts of student loan debt and a slightly larger than national average credit card debt. Twenty-six percent of the respondents had neither credit card nor student loan debt, while 39% had no student loan debt and 47% had no credit card debt. Approximately half of respondents reported they were currently saving for retirement. The average retirement savings rate was 6%. A significant correlation was found between attitude toward retirement, the amount of retirement savings, and the amount of unsecured debt respondents reported. In addition a negative correlation existed between the age of expected retirement and the amount of retirement savings.

Unsecured debt and early saving for retirement by recent female college graduates