Student Loans Crushing Hopes for Some Near Retirees

According to the NY Times, retirement plans are imploding for many folks age 60+. Why? People aged 60+ now hold the dubious distinction of being in the fastest-growing age group for college debt. In the 1st quarter of this year, 2.2 million student loan borrowers were age 60 and over. Some are actually paying off their own loans, while some are paying off their children's or grandchildren's debt. 

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