Because of high costs, some high school graduates have opted to delay, drop out of or forgo attending college all together to avoid student debt that could hang over them for decades.
The stock market’s long-term path has been persistently upward, our columnist says, but there have been plenty of setbacks and it’s wise to prepare for more.
Next month, federal student loan borrowers may have their debt canceled if they are enrolled in the SAVE plan, initially borrowed $12,000 or less and made 10 years of payments.