Student loan debt is weighing on retirement savings.
And it’s hitting multiple generations—not only aremillennials drowning in college debt,their parents signed on to help their kids with student loans,while some older workers are still paying off their own loans yearslater.
The lure of a college education cannot be denied, especiallywhen one considers the statistics on what that diploma is worth.The White House pointed out in a recent blog post that “bachelor’sdegree recipients [earn] $1 million more in their lifetime andassociate’s degree recipients [earn] $360,000 more, compared totheir high school counterparts.”
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