Related Articles

Share Report

Student Loans Sink Mom and Dad

  • Posted by Mommy Brown
  • July 20, 2012 11:37 AM EDT
  • 0 comments
  • 244 views

A growing number of middle-aged Americans are struggling with student loan debt -- not all of it from their college days.

While borrowers over 40 account for about a third of the nation's $900 billion in student debt, they appear to be struggling with their loan payments more than other age groups, according to a report in The Wall Street Journal.

For example, the delinquency rate -- the percentage of debt on which a payment has not been made for 90 days -- for Americans aged 40 to 49 was 11.9% in March, compared with 8.7% for borrowers of all ages.

 

FULL ARTICLE

Photos

Share This Article

0 comments


Articles From Around The Web