With so many people—not just millennials—buried in student loan debt, ways to crawl out from undercan sometimes appear unattainable.

Meanwhile, the threat that such debt presents, not just today-to-day finances but also to workers' retirement, grows,especially if that loan balance doesn't shrink.

The Squared Away blog on the website of the Center forRetirement Research at Boston College, however, presented 12rules people should follow as they whittle away at thosebalances—even if they feel overwhelmed.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.