Student loan debt isn't just a burden on younger generations
According to data from Experian, borrowers at age 30 and age 60 tend to have very similar student loan balances: the average 30 year old borrower owes $36,406, and the average 60-year-old borrower owes $35,637. In a separate study, Experian also found that the amount parents borrowed for their children through parent PLUS loans has increased by 38% since 2015.
According to data from Experian, borrowers at age 30 and age 60 tend to have very similar student loan balances: the average 30 year old borrower owes $36,406, and the average 60-year-old borrower owes $35,637. In a separate study, Experian also found that the amount parents borrowed for their children through parent PLUS loans has increased by 38% since 2015.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$34 million: How much one man is paying to wipe out a graduating class' college debtBillionaire Robert Smith has made good on his promise to pay off the student loan debt of the entire 2019 graduating class at Morehouse College by donating $34 million to the historically black men's school in Atlanta.
Read more »
Donor to Pay Off Morehouse College Parents’ Debts Along With Students’Robert F. Smith, the private-equity billionaire who pledged to wipe out the student-loan debt of the class of 2019 at Morehouse College, will cover debt taken on by the students’ parents as well.
Read more »
Donor to Pay Off Morehead College Parents’ Debts Along With Students’Robert F. Smith, the private-equity billionaire who pledged to wipe out the student-loan debt of the class of 2019 at Morehouse College, will cover debt taken on by the students’ parents as well.
Read more »
Parents are paying for their millennial kids well after they move out of the basementA new survey found that nearly 40% of parents who are empty nesters still pay for their kid's cell phone, groceries, rent, or student loans.
Read more »
This Spaghetti Pomodoro Recipe Is a Pasta Master ClassIf you want to learn the ins and outs of making restaurant-worthy pasta at home, this beyond-simple weeknight recipe covers all the bases.
Read more »
Fox's 'Ad Astra' Bets on More Than Just Space Spectacle to Draw MoviegoersThe studio's marketing campaign, centered on Brad Pitt, has included tie-ins with Lockheed Martin, NASA and Virgin Atlantic.
Read more »