Back to school: When student loans pay off
The majority of graduates leave today's 4-year colleges and universities with student loans. The loans are sometimes so large that evidence shows it is keeping millennials from buying cars and houses.
As student debt continues to increase, graduates are faced with huge responsibilities.
Students can try to pay the loans off aggressively or simply refinance them, but data shows that it's very hard to save money or even pay for everyday items when they owe so much on a monthly basis.Check out the infographic below, provided by DebtConsolidation.com:
And check out these back-to-school supplies to win before the new school year:
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