Student Loan Debt and Seniors–A Steadily Growing Problem
The number of borrowers over the age of 60 with student loan debt has ballooned to over 2.8 million, a quadruple increase over the 2005-2015 period. This, coupled with the already-identified issue of widespread retirement savings deficiencies, presents a serious challenge to an aging population, and these problems are magnified by declining income levels faced by many in this situation. MarketWatch reporter Jillian Berman takes a look at this problem area in an article posted today on www.marketwatch.com. Check out her report here…
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