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student loan

Student Loan Debt: We Can Provide the Decision-Making Details You Need

Did you know that the average student loan balance is $24,803?  Student debt is taking a heavy toll on borrowers, according to an American Institute of CPAs survey, which found that 75% of respondents or their children had made personal or financial sacrifices because of monthly student loan payments. Sacrifices included putting off saving for retirement (41%); delaying car purchases (40%); postponing a home purchase (29%); and even waiting on marriage (15%). Among the most troubling findings were that only 39% fully understood the burden that student loan debt would place on their future and 60% had at least some [...]

2016-10-27T16:54:57-07:00December 20th, 2014|General Consulting, Personal Tax|Comments Off on Student Loan Debt: We Can Provide the Decision-Making Details You Need
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