Comment on Student Loans Are Derailing Millennials' Savings Efforts

Student Loans Are Derailing Millennials' Savings Efforts

Though the student loan crisis is by no means limited to younger adults, millennials in particular are saddled with educational debt, and it's hurting their savings efforts. And while it stands to reason that younger adults with outstanding loans might have less money to their names than those without debt, the actual gap is pretty shocking.Millennials who carry student debt have 46% less money in the bank than millennials without loans.

 

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