We hear it in the news almost weekly – the student debt situation here in the United States (and in many places around the world) is reaching crisis levels. With growing amounts of debt and a continued weak job markets, many graduates are struggling to get a good start to their careers, and with so much debt it’s hard to start building your nest egg.
Our team here at Calculate My Wealth put together this infographic to help us understand the seriousness of the student debt crisis, and frankly, even we were a bit surprised that things are this bad. Take a look at the numbers. More importantly, if you’re one of the graduates facing a heavy debt load, make sure you see our top 3 recommendations at the end for keeping your student debt under control.
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