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Infographic: has student loan debt held you back?

Today young adults are graduating college with more student loan and credit card debt than ever. American Consumer Credit Counseling's recent poll found that 77 percent of respondents have outstanding student loan debt.  Student loan and other debt has even kept many graduate from “growing up” based on traditional benchmarks in life. So we asked consumers how paying off debt has held them back from reaching typical milestones such as buying or leasing a car, getting married, buying a home, having a child, saving for retirement, and making other large purchases. Check out this comprehensive financial infographic for a full breakdown on student loan debt and the impact it has had on today’s consumers.

Student Loan Debt _Inforgraphic

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For individuals and families trying to figure out how to pay off debts, American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling, credit card reduction and consumer debt management services for consumers nationwide. Our certified credit counselors provide financial education for anyone wanting to learn how to get out of debt and how to eliminate credit card debt. As alternative to expensive debt restructuring services and credit card debt consolidation loans, our debt management plans are a kind of credit card relief program that have helped thousands of people pay down credit card debt by consolidating payments and reducing interest rates and finances charges. We also offer bankruptcy counseling, housing counseling and other financial education services for help getting out of debt.

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