Category: Industry and markets
A nationwide look at how student debt impacts older adults
In January 2017, we released a snapshot on older Americans and student loan debt. We are now providing additional data regarding the scope and growth of student debt among older borrowers (ages 60 and older) in each of the 50 states, Puerto Rico, and the District of Columbia. These new data further demonstrate the significant growth of student debt among the older population in each state and the proportion of older borrowers struggling to make their payments.