{"id":45140,"date":"2014-03-11T10:43:30","date_gmt":"2014-03-11T14:43:30","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=45140"},"modified":"2014-03-26T09:40:39","modified_gmt":"2014-03-26T13:40:39","slug":"mounting-student-debt-has-another-invisible-but-destructive-force-as-well-christian","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2014\/03\/11\/mounting-student-debt-has-another-invisible-but-destructive-force-as-well-christian\/","title":{"rendered":"Mounting student debt has another invisible, but destructive force as well. [Christian]"},"content":{"rendered":"

From DSC:<\/span><\/em>
\nAs student debt increases, one of the things we forget is that graduating students will have to work on paying off their debt and, as a result, may need to postpone not just marriage and\/or buying a house, but also in saving for their futures.<\/strong>\u00a0 That is, they may not be able to put money into any IRA’s, or additional funds into their 401k’s, or into other savings vehicles. This has enormous consequences<\/strong> <\/em>for these graduates — and it has to do with the time value of money <\/strong>and compound interest.<\/strong> <\/span><\/p>\n

Consider the following comparison of two people — one investing between the ages of 21 and 30, and the other person who invests between the ages of 31 and 40. Look at the difference time<\/strong> and compound interest<\/strong> can make!<\/span><\/p>\n

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\"TimeValueOfMoney\"<\/a><\/p>\n

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So having a guerilla on your back at graduation may not only affect one’s ability to get married and purchase a home — it also has major ramifications on these graduates ability to retire and what their standard of living will be like when they do retire.<\/span><\/p>\n

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Also see:<\/em><\/span><\/p>\n