From graduation to retirement, American students are plagued by student debt.

Almost three out of every four Americans who have taken out student loans claim that their debt has caused them to put off important life events such as getting married, purchasing a home, or starting a family.

 

 From graduation to retirement, American students are plagued by student debt.
From graduation to retirement, American students are plagued by student debt.

The path to a more successful life is often thought to involve attending college. However, the price of a degree has turned into a financial burden that burdens borrowers from the moment they graduate until they may finally retire, assuming that can happen at all.

According to the most recent Gallup Lumina Foundation Cost of College report, nearly three out of four American borrowers claim that their student loan debt has led them to postpone a significant life event, such as getting married, buying a house, or starting a family.

Jes Evans, 35, told CNN, “I’ve had to just put all of my dreams aside and focus on surviving day to day.” 2017 saw her obtain a master’s degree in religious studies, and her goal is to become a college instructor. However, once she graduated, she struggled to find employment in her profession and in other fields where her lack of expertise was a liability.

Now employed at a church north of Pittsburgh as the director of youth programs and communications, Evans feels ensnared in her debt, which she pays $940 a month for.

It simply seems like you’ve been treading water your entire life. I am unable to travel, and I am not financially capable of raising a family. It’s merely a drag.

Evans is not alone.

See also  Working together on a $25 billion gas pipeline project is Nigeria and Morocco.

 

Use your ← → (arrow) keys to browse

sikapa

Next Post

Following two extremely negative days, Trump Media shares closes the session 15% higher.

Wed Apr 17 , 2024
Digital World’s was replaced on the social media platform Truth Social by Trump Media.   After two days of volatility, investors in the stock of Trump Media & Technology Group eventually saw a rise in their holdings. TMTG (DJT) had a 15.6% increase on Wednesday following a sharp decline earlier […]
Following two extremely negative days, Trump Media shares closes the session 15% higher.

You May Like