Student-loan borrowers delay retirement and children as repayments tighten
U.S. student-loan borrowers are making major financial sacrifices—delaying retirement, postponing having children, and working multiple jobs—as repayment rules tighten, according to Business Insider.
Business Insider reports that many U.S. student-loan borrowers are taking significant financial steps ahead of repayment changes. These include delaying retirement, postponing plans to have children, and working up to three jobs.
The shift highlights growing household financial strain as loan repayment obligations become more stringent. No specific figures or dates were cited in the report.
Source: First Squawk