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If your student loan debt was erased, would you save more for retirement?

screenshot from CNBC on Youtube Student Loan Forgiveness: Can The US Erase Student Debt?
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Millennials are saying that their student loans are not allowing them to save for the future.

Bernie Sanders proposed a bill in the Senate that would eliminate all student debt. Sen. Elizabeth Warren also suggested something similar and isn’t waiting for the election to push forward her proposal to erase the majority of the country’s outstanding student debt.

If this happens, will you save more for retirement?

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Written by Darren Silverman