One Chart That Shows How Student Debt Can Devastate Retirement Savings

May 20, 2015 | | Vox |
Student debt can weigh you down long into adulthood, and might make you less likely to ever be able to retire.
 
That's according to a new analysis from Demos, a progressive think tank.
 
This chart shows the clear benefit of getting a college degree. Households with some college but no degree are unlikely to own a home, while homeownership is the norm for households headed by someone who finished college. People who finished college are wealthier on every measure than people who didn't — they've saved more for retirement, and they have more money in the bank.
 
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