247 Wallst
27 May 2026, 03:20 UTC · 2h ago
Source · https://247wallst.com/personal-finance/2026/05/26/i-took-out-250000-in-student-loans-for-a-social-work-degree-and-now-make-45000-a-year-am-i-trapped/
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The national savings rate declined from 6.2% in early 2024 to 4.0% in the first quarter of 2026. — A declining savings rate indicates weakening consumer financial buffers and potentially lower future capital availability.
-0.40Recent graduate-school borrowers are facing some of the highest student loan rates in two decades due to 10-year Treasury yields sitting near 4.6%. — Higher borrowing costs for students increase the long-term financial burden on a significant demographic of the workforce.
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