Salaries for Top-Earning Majors May Start Below U.S. Median. Here’s What Gen Z Can Expect

coworkers laughing and walking with backpacks

October 7, 2024 – In a Bankrate article about what Gen Z can expect for salaries in their majors and how student loan repayment can cause a strain for them, Stacey MacPhetres, senior director of education finance at EdAssist by Bright Horizons discusses how to best prepare to repay student loans.

“For any borrower preparing to repay student loans, making those loans a priority — and a fixed part of a monthly spending plan — is essential,” says Stacey MacPhetres, senior director of education finance at EdAssist by Bright Horizons. “Those earning lower than expected will have to pay very close attention to their income and expenses. We strongly suggest creating a strict spending plan before younger workers commit to expenses like apartment rentals and car purchases.”

Read the full article here.