Student loan debt: 7 steps to pay it off

Student loan debt: 7 steps to pay it off

Wednesday Jul 11 Read more: KIII

Outstanding student loan debt totaled $1.4 trillion at the end of the first quarter of 2018, according to a recent report published by t he Federal Reserve Bank of New York's Center for Microeconomic Data . And that debt - which ranges from $6,744 to $28,116 for the middle 50% - is creating a financial burden that could potentially hamper retirement saving by young adults, according to the Center for Retirement Research at Boston College .

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