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  • Retirement plans increasingly hampered by student loan debt

    CBS News - 06/15/2015

    Bringing student loan debt — or any debt — into retirement is dangerous since retirement already is full of variables, with the largest being how long the retiree will live, said Coleen Pantalone, a professor of finance at Northeastern University in Boston.

    “Retirement is a risky time of life,” Pantalone said. “It is tempting to take loans to help your child go to the college of their dreams. Parents often want to do whatever they can for their child. But taking on debt that will carry into retirement is foolhardy.”

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