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Student Loan Debt Crisis Spans All Ages

by Gregory Mark Fitzgerald on Nov. 05, 2018

Bankruptcy & Debt Credit & Debt Bankruptcy & Debt  Collection Other  Education 

Summary: Recent studies show that while younger generations and millennials are having a difficult time with the burden of student loans, so are other age groups like Gen X’ers and Baby Boomers. The student loan crisis is even making an impact on retirement plans.

"Unfortunately, during all the positive excitement associated with going off to school, there can also be major stress associated with funding. You may have found the school you wanted to go to, and you may have been accepted, but can you afford it? For most, the answer is not likely. That’s where student loans come in for most students, and without much money managing experience in your background so far, you may not have a total grip on how hard it will be to pay back a monthly payment of over $350 or even more."

Read the entire article on the official Fitzgerald & Campbell, APLC blog.

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