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Consequences Of Debt

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Consequences Of Debt
What are some future consequences of borrowing too much debt?
The weight of debt is forcing many to put off saving for retirement, getting married, buying homes and putting aside money for their own children's educations. Heavy student debts may also keep young adults from starting businesses. Some graduates will refuse to risk what little money they have on entrepreneurial ventures. And securing loans will now be harder.
How do you plan on repaying your student loans?
I have Stafford loans and I am automatically enrolled in the standard repayment plan. I will stick with this plan, under which I make 120 equal monthly payments over a ten-year period. I will also make sure to take advantage of any discounts, such as taking 0.25% off the
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