It’s not just students who are carrying those large loan balances — parents and grandparents are helping to shoulder the load (and incur the resulting stress as well). (Photo: Shutterstock)
The effect that student loan debt has on people’s lives doesn’t stop at students.
In fact, according to a year-long study, sponsored by TIAA and conducted by the MIT AgeLab, such debt weighs on everything from retirement planning to conflict within families and even longevity and romantic relationships.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
