New federal data from the Department of Education confirm retirement-age borrowers are struggling to repay their federal student loans. About 60% of borrowers over age 62 have been making federal student-loan payments for more than 15 years. Tia Caldwell is a policy analyst with the Education, Opportunity and Mobility Initiative at the nonprofit New America - who said she suspects many other borrowers have been paying even longer. .
Months of talks over how to forgive student loans for borrowers only highlighted how contentious the issue is and how fraught the path ahead looks in 2024. More than 43 million student loan borrowers rang in 2023 full of hope that their debt balances would drop by either $10,000 or $20,000 under President Joe Biden’s forgiveness plan.
Praying That My Health Holds Out : Many Senior Citizens Expect to Die with College Loan Debts goodmenproject.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goodmenproject.com Daily Mail and Mail on Sunday newspapers.
<section> <article> <img src="https://static.stacker.com/s3fs-public/styles/1280x720/s3/2023-10/hechinger-retirement-debt 1.png" alt="A woman sits at a desk and looks worriedly at a …