Student debt continues to be a major issue for college students and graduates in the U.S.
U.S. total student debt is now over $1.4 trillion, and the average debt for a college graduate in 2016 was $37,000. And 44 million Americans now have student debt to their name.
The video below gives tips on how student loan borrowers can avoid falling behind on their payments. It also explains why millennials should be saving for retirement even if they have student debt.
Millennials: have the stresses of work life got you looking forward to retiring on a beach somewhere? You’re going to be waiting a while. How student loans affect retirement A new report from financial website NerdWallet says student loan debt could push the average retirement age to 73. That’s 12 years later than the current […]