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One Chart That Shows How Student Debt Can Devastate Retirement Savings

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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