So much for the notion that young workers prize career growth more than cold, hard cash. Half of new college graduates say they would rather have high-paying jobs, even if it means less-satisfying careers, according to online job board Experience Inc. in Boston. Slightly more than one-quarter cite student loans as a big factor.
That revelation has recruiting implications: Nearly two-thirds of students say they are more likely to accept jobs with companies that offer loan repayment or similar financial assistance. Nevertheless, work appears to be a last resort for students shouldering high loan balances. Only 11 percent say they work part time to help pay tuition. Nearly one-third are competing for scholarships and grants.