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Economy

“Americans making student loan payments have up to 36% less saved for retirement”

“…In fact, employees with student loan payments who earn $55,000 a year or more and have been at their company for five years or less have average 401(k) balances 36% lower than those without payments, the EBRI found…”

https://www.cnbc.com/2024/02/19/americans-making-student-loan-payments-have-up-to-36-percent-less-in-401ks.html

College is a scam. I’ve been there I know. Don’t go. Invest that money instead and lean a trade skill. Start a side hustle. Get rid of all debt unless you’re able to leverage it. This is the path to making money. Not College. College is a debt trap.

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