Sentences with phrase «hurt by student debt»
«Though young workers» balance sheets are clearly hurt by student debt,» authors Rutledge, Sanzenbacher and Vitagliano argue, «they do not substantially reduce retirement saving to compensate.»
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Research by financial experts also say that large student loan payments can significantly hurt a young adult's ability to begin to accumulate wealth: «The median 2009 net worth for a household without outstanding student debt was $ 117,700, nearly three times the $ 42,800 worth in a household with outstanding student debt.»
New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt millions of middle class households and threatens the fragile economic recovery.