Student loan debt is weighing on every generation, not just millennials — and it's impeding workers' ability to save for retirement.
Since the value of time in retirement savings is important, representing the potential for savings to grow and compound, this is no small matter.
A recent Council of Economic Advisors post indicated some of the actions that the White House is engaged in to help lessen the burden of student loan debt, but other trends within the sector show that there's still a considerable amount of work to be done.
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