The cost-of-living crisis is having an even bigger impact on graduates’ career plans than the pandemic, research suggests, with young people now more concerned about money problems than their mental health.
For the last two years, early careers surveys by Prospects at education technology organisation Jisc have revealed that students and graduates ranked their mental health and motivation levels as their biggest worries.
This year’s survey of around 5,000 young people found that money is now the biggest concern, followed by “balancing commitments”.
Mental health was the third biggest concern reported, with “keeping motivated” coming fourth.
Half of those surveyed this year said they had changed their career plans, with two in five putting their decision down to the cost-of-living crisis.
