Unfortunately, a growing number of people classified as young adults not too long ago have failed to do so and are now older adults still stuck with heavy debt burdens. Unpaid credit card debt is often the culprit, but a surprisingly high number haven’t been able to get ahead of education debt. Over 37 million Americans now have outstanding student loans, owing in excess of $870 billion that’s more than all the credit card debt in this country ($693 billion) and all of our auto debt ($730 billion).
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