Archive for the ‘Online Installment Loans Massachusetts’ Category

Education Loan Debt Soaring Among Grownups Over 50, AARP Study Discovers

Friday, March 20th, 2020

Education Loan Debt Soaring Among Grownups Over 50, AARP Study Discovers

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.

Investing in advanced schooling has become an intergenerational burden, ensnaring more older grownups and delaying or battering the your your retirement plans of several of these.

(more…)