Student debt is a baby boomer problem, too

In a column last week about how Baby Boomers are to blame for much of. In 1989, just 17 percent of 20-somethings had student debt; today,

Baby boomers are struggling to downsize and it could create the next housing crisis.. carrying mortgage debt may offer one explanation as to why many baby boomers. Mobility and health issues pose the greatest barrier to seniors who. older adults with college students who are looking for roommates.

Student loan debt is a large burden not just for recent graduates, but for many baby boomers as well. Learn more about how to help manage your student loan obligations. As rising student loan debt continues to make headlines, much of the focus is placed on current students and recent graduates.

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I recently commissioned a poll that asked adults of all ages about student loans. We asked how much student debt is okay, and how much is too much. One in five senior citizens and almost a quarter.

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especially as baby boomers look to sell their homes, if there’s less demand because the money that might have gone toward downpayments is instead going to student loan payments? Nor is student debt.

From buying a home to saving for retirement, many recent – and. As most now know, skyrocketing student debt can be particularly devastating. also standing in the way for Generation X and baby boomers, the report said.

Student loan debt doesn’t disappear over night – a lot of senior citizens are still paying them off! Consider that when taking out extra loans. Cenk Uygur, host of The Young Turks, and Ana.

In fact, baby boomers are the fastest. This should be great news for the economy and boomers’ nest eggs — but in fact their future isn’t always that bright. The problem is that many boomers are.

Houston, we have a problem. Baby boomers may not have as much debt as more recent college graduates, but they certainly aren’t strangers to it either. This is especially true in Houston.

The number of borrowers over age 65 losing out on a portion of their Social Security check to pay off student loans is up 540%.

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