Monday, April 2, 2012

Senior citizens owe billions in student loans

When you think of student loans, you think of students and recent graduates -- younger people in their 20s and 30s working to pay off the thousands of dollars in debt from undergraduate and graduate schools.
It's a good bet you don't think of people in their 60s, 70s and even 80s struggling to [pay off student debt. But new research shows that Americans 60 and older owe $36 billion in educational debt and account for 5 percent of delinquent student loans.
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1 comment:

  1. UnknownJanuary 5, 2013 at 9:10 PM

    Wow, why those students probably did not land a good job and just stayed a bum for years? Maybe they need Uncle Buck lending after all.

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