The Traderszone Network

Published in TZ Latest News 12 March, 2017 by The TZ Newswire Staff

Here’s a New Reason to Worry About Student Debt

Americans certainly aren’t strangers to student debt. The average Class of 2016 graduate came away $37,172 in the hole, up 6% from the previous year, and across all age groups, Americans owe close to $1.3 trillion in total outstanding loans. But it’s not just 20- and 30-somethings who continue to walk around saddled with student debt. According to a new report from the Government Accountability Office, the number of people 60 and over with student debt jumped from 700,000 back in 2005 to 2.8 million in 2015.

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