The Effects of Student Loan Debt

Thousands of students will graduate from college in the coming weeks. Not only will they receive their degree, but many will also begin paying back their student loans. 40% of people between 18-29 carry student loan debt, and this form of debt adds up to $1.5 trillion nationally. Millennials are putting off buying houses, cars, and other goods due to student debt, which is having an impact on the economy as a whole.

Chris Markowski, editor of the investor advocate newsletter The Markowski Quarterly, stopped by The Drew Mariani Show™ to discuss student loans, the impact they are having on the economy, and how to balance the value of college with the burden of debt. Chris and Drew also take calls from listeners who share their experiences with college and loans.

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Stephanie Foley serves as a Digital Media Producer at Relevant Radio®. She is a graduate of Franciscan University of Steubenville, where she studied journalism, and she has worked in Catholic radio for 12 years. Stephanie is a wife, a mother of three boys, and in her free time she enjoys reading, running, and really good coffee. You can find more of Stephanie’s writing at relevantradio.com and on the free Relevant Radio mobile app.