Survey finds that student debt holders spend 20% of their take-home pay on loans
August 08, 2019 at 10:21 AM EDT
Today, TD Bank released its Student Debt Impact Survey of more than 1,000 Americans between the ages of 18 and 39 who paid off or are currently repaying student loan debt. The results highlight the ways in which student debt is holding borrowers — and the economy — back. But it also shows the ways borrowers may actually be becoming more responsible.