Following up on my previous post about paying for college and the realities of student loan repayment, today I would like to share some new survey information about the longterm effects of significant debt, student loans and otherwise. The findings are both interesting, surprising, and maybe even shocking.
Specifically, this survey involves responses from Millennials. If you're like me, you may be confused about which generation is known by what moniker. So, to set the scene for this survey, let's take a look at who Millennials are. Here's one way to consider them: