Student Loan Debt Thwarts Grads' Goals

Student Loan Debt Thwarts Grads' Goals

What if one decision you made changed almost every other financial decision you made in the future—including whether you got married?

According to a new survey from the American Institute of CPAs, the decision to take out student loans can do just that. The survey found that three-quarters of student loan borrowers make sacrifices in order to keep up with their payments.

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What kind of sacrifices, you ask?

Well, 41% said they delayed retirement savings, 40% haven't purchased cars, and 29% put the kibosh on buying a home. If that's not enough, 15% also admitted to delaying marriage because of their student loan debt.

With all of that info, it comes as no shock that some 60% also admitted to feeling regret about taking on those loans in the first place.

If you're feeling the pressure of student loans, check out LearnVest's Student Loans page for articles that can help.

Check out this infographic from the American Institute of CPAs:

student loan debt regret infographic

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