More than three million people over the age of 60 still struggling to pay off student loan debts: report

Source: http://www.stationgossip.com/2019/05/more-than-three-million-people-over-age.html
Published: May 5, 2019
Author: staff
Post Date: 2019-05-05 18:52:32 by Horse
Views: 53

Millions of Americans over the age of 60 are still struggling to pay their student loan debt, according to CBS News.

The news outlet cited data obtained from the Consumer Financial Protection Bureau which said there are more than three million student loan debtors over the age of 60 in the United States. Together, those borrowers account for more than $86 billion of outstanding student loan debt in the country.

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#1: Lod    To: Horse (#0)

Really tough to imagine: 40 years ago, tuition was dirt-cheap, giveaway reasonable compared with today's insanity.

Lod posted on 2019-05-05 20:12:57   Reply   Private Reply

#2: Esso    To: Lod (#1)

40 years ago, tuition was dirt-cheap,

No kidding, I saw an article at ZH or something, tuition has been going up something like 10%+ per year for a decade or two. Far, far higher than the inflation rate, but bear in mind, the goob is involved in student loans.

Esso posted on 2019-05-05 22:06:55   Reply   Private Reply