By analyzing a nationally representative sample, Urban Institute found 6% of older adults, about 7.2 million Americans, have outstanding student loan debts, with 8% behind on payments.
Student loan debt among older Americans leads to financial struggles, hindering retirement plans and straining social welfare programs, according to Urban Institute researchers.
#student-loan-forgiveness #student-debt-crisis #impact-on-older-adults #retirement-planning #poverty-levels
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