Student debt is a baby boomer problem, too

 · Baby boomers and student debt – the problem no one is talking about. to get into the student loan repayment plan that best fits their needs and face hostile debt collection tactics among.

How is it either realistic or fair to declare an entire category of debt to be assumed by taxpayers? Regardless, pie-in-the-sky proposals to cancel student debt shed light on a very down-to-earth.

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A dozen years after Chris Brown earned his masters degree from Fordham University, he says his life is finally in order – except for one glaring problem. for (baby boomers or Generation X), because.

Student loan expert Mark Kantrowitz has come up with a formula to asses just how much student loan debt is too much.. The Other Federal Student Loan Problem;. Baby Boomers are downsizing to.

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Student debt is a baby boomer problem, too. At the time she and her husband had ample resources to pay back the debt, but then a series of events – caring for three orphaned grandchildren, her husband’s death, her daughter’s death, retirement and a serious illness – forced her to stop monthly payments.

 · Millennials Aren’t Having Kids. Here’s Why That’s A Problem For Baby Boomer Real Estate & Retirement. Birthrates have hit a record low in the United States. Millennials aren’t having kids, at least not yet. Shutterstock After 30-plus years in.

The Student Loan Debt Crisis Isn’t Just A Problem For Millennials The student loan debt crisis has hit the baby boom generation. Roughly 4% of Americans between ages 65 to 74 carried federal student loan debt in 2010. This figure is up from 3% in 2004 according to a report by the Governmental Accountability Office.

Baby boomers are feeling the strain of student loan debt.. But the problem isn’t contained to the younger generation. According to a new white. PHILADELPHIA (CBS) – It’s been decades since college and still too many baby boomer are drowning in debt from a student loan. people 60 years and older are the fastest growing age group for.

‘Retired Inspired’ author Chris Hogan explains why baby boomers are facing financial challenges when it comes to retirement savings.