Browsing Tag
Student Loan Debt
140 posts
Student loan debt is money borrowed by students to pay for college or higher education expenses, such as tuition, housing, books, and fees. These loans must be repaid with interest after graduation or leaving school. Student loan debt can come from federal or private lenders and often impacts a borrower’s financial future, influencing decisions like buying a home, saving for retirement, or pursuing further education.
Will Student Loan Match Disrupt 401k Plans’ Tax Benefits?
Recent research has shown almost half of American workers are making student loan payments—whether on their own student…
How Student Loans Scuttle Retirement Plan Saving
Student loan debt affects retirement readiness. Learn how to balance financial wellness, loan repayment, and future preparation.
IRS Helps Clear Way for 401(k) Plan Student Loan Benefits
The IRS released a private letter ruling last week which will help clear the way for employers to…
Match Program Pays Student Debt AND Saves for Retirement
Whether it’s paying down student debt, saving for a child’s education or assisting with a parent’s elder care,…
Student Loans Make 401(k) Savers Squeamish
Student loan debt almost tripled “in real terms” between 2005 and 2017, garnering much attention from media and…
Saddled with Debt, Millennials Postpone Major Milestones
It’s not exactly breaking news, but Millennials are falling behind when it comes to achieving major milestones. And…
What Should 401k Plan Sponsors Know About Millennials’ Financial Goals?
Millennials represent a major demographic that will shape the workforce for years to come. It makes sense to pay…
Delay Social Security Benefits to Erase Student Debt?
Student Loan Forgiveness Program survey shows many borrowers would delay retirement to reduce debt and save on Social Security.
401(k) Advisors Need to Push Student Borrowers to Save
Stashing away at least some earnings in a 401(k) account despite student loan debt is more important than…
Financial Wellness: How Student Debt Crushes Workplace Productivity
The American dream is quickly becoming a nightmare for many young people and their employers thanks to mounting student debt.