graduation mortar board and money An interesting wrinkle in the CRR study is that the size of the loan doesn’t affect graduates’ retirement balances. (Photo: Fotolia)

With the level of student loan debt nearly tripling between 2005–2017, as the number of college grads with loans and their average outstanding loan balances ballooned. But what kind of effect does student loan debt have on whether and how much they save for retirement?

A brief from the Center for Retirement Research at Boston College finds that college graduates do make out better financially than their colleagues who went to college but never got the degree.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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