2.2M Americans over 55 still have student loan debt: Report ...Middle East

The Hill - News
2.2M Americans over 55 still have student loan debt: Report
Millions of Americans older than 55 have yet to clear their student loan debt, according to the Federal Reserve Board's 2022 Survey of Consumer Finance released on Wednesday. The survey showed 2.2 million individuals above 55 have student loan debt, and an analysis from the New School's Schwartz Center for Economic Policy shows it is impeding their retirement plans. Around 43 percent of borrowers in that age range are in middle-income brackets, according to the analysis. The average debt owed by older Americans who make less than $54,600 is around $58,000.   Older Americans can still take years to finish paying their student loans, and more than 14 percent don’t even have a degr

Hence then, the article about 2 2m americans over 55 still have student loan debt report was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( 2.2M Americans over 55 still have student loan debt: Report )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News


Latest News