Student Loan Debt: Millennials Lead the Pack

by Gregory Mark Fitzgerald on Feb. 22, 2019

Bankruptcy & Debt Credit & Debt Bankruptcy & Debt  Collection Bankruptcy & Debt  Bankruptcy 

Summary: While the student loan crisis is affecting groups of all ages and backgrounds, millennials are unquestionably being hit the hardest. Many are so financially strapped that starting a family or a business is totally out of the question.

"Recent news states that while student loan borrowers may eventually attain their desired degrees, careers, and incomes, they are having a hard time moving forward to thrive financially while bogged down with the loans meant to further their prospects. Data suggests that student loans may not be paying off in terms of average net worth; in fact, borrowers may be losing 75 percent of their net worth to such debt."

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

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