Comment on Student Loans vs. Credit Cards: Which to Pay Off First?

Student Loans vs. Credit Cards: Which to Pay Off First?

According to the latest data, more than 44 million Americans have student loan debt, with a total amount of $1.48 trillion. This is more than any other type of debt -- other than mortgages -- and translates to an average of $33,484 per borrower. For comparison, Americans owe just over $1 trillion on credit cards.

 

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