How Does College Debt Affect Future Life Choices Of Students. New data from limra, an association providing research and consulting to insurers, shows that just $30,000 in student debt can cut as much as $325,000 from your 401(k) balance by the time you retire. For example, decisions about whether to.
Though the evidence is mixed, acquiring debt can result in some borrowers dropping out of college, changing career paths, foregoing graduate education, postponing homeownership and, for women, delaying childbirth. This piece is appearing as part of a series on. Here are some of the ways in which decisions during your college.
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Choosing which college is the best fit is tough. Beyond the stress and anxiety that large amounts of debt can cause, student loans can force people to make hard choices and delay important life events. Tough because impacts your future. The truth is, the choices that we make during our college life do have a profound effect on our future career and life.
