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RSS FeedsMillions of Adults 60 and Over Still Struggle With This Surprising Type of Debt
(WorldNews Business)

 
 

18 may 2019 15:47:49

 
Millions of Adults 60 and Over Still Struggle With This Surprising Type of Debt
(WorldNews Business)
 


It`s rare to find someone who carries no debt at all -- whether it`s a mortgage, credit card debt, a car loan, etc. -- and older Americans are no exception. More than 80% of baby boomers currently have some form of debt, according to a survey from financial services company Nitro, and only 5% said they had never been in debt before. But while it`s no shock that so many people are in debt, millions of older adults are struggling with one type of debt that`s rather surprising: student loan debt. Image source: Getty Images Around 2.8 million American adults over the age of 60 carry student loan debt, according to a report from the Consumer Financial Protection Bureau, and that number is...


 
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