Monday, October 26, 2015

A Third of All Americans Have Dealt With Student Debt - Michael Hart, Campus Technology

More than one-third of Americans are paying or have paid student loans and a sizable number of them are delaying other major purchases because of it. According to a Harris Poll on education issues, 36 percent of all respondents said they are currently paying or have paid student loans in the past. Two-thirds of them said they had delayed spending on or saving money for other things because of the student debt they had. Nearly two in five (39 percent) said student debt had stopped them from beginning to save for retirement while 30 percent they had delayed buying or leasing a car and the same number said they had not bought a home for the same reason. Thirty-one percent of respondents said they had delayed creating a college fund for their own children because they were still paying their own student debts.

No comments:

Post a Comment