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daniel April 6, 2019April 6, 2019 Better Income Rates, Increases tax revenue, Less spending, Michael Rotondo, Student Debt, The Good, The high cost of education debt, Ways in Which Your Student Debt Hurts and Grows the Economy, Hampers business growth, Reduces unemployment rates

Ways in Which Your Student Debt Hurts and Grows the Economy

A growing economy runs on the fuel of its people spending their money on goods and services. However, over 44 million US adults are diverting their income to paying back hefty student loans, rather than boosting the economy with it. They also have very little left with which to save afterward, start a business, or invest.