Growing balances might be a surprise for their your retirement plans
Editor’s Note: a mention of the MIT AgeLab task happens to be expanded to supply greater detail.
Education loan financial obligation keeps growing at alarming prices for grownups age 50 and older, relating to a new report from AARP. Fifteen years back, borrowers in this age bracket taken into account $47 billion regarding the country’s education loan financial obligation. By just last year, that figure had grown to $289.5 billion.