23 Sep TIAA-MIT AgeLab Study Finds Student Loan Debt Affects Family Relationships, Longevity Planning and Retirement Savings
New research sponsored by the Teachers Insurance Annuity Association (TIAA) and conducted by the Massachusetts Institute of Technology (MIT) AgeLab showed that student loans impact many aspects of borrowers’ lives. TIAA reports: “The yearlong study, which explores the intersection of student loan debt, longevity planning and family dynamics, shows that life stage — and who the loans are being taken out for — plays a key role in the balancing act of paying off student debt and saving for retirement.” The research found dealing with student loans can be very...