15. Retirees Could Still Be Paying Off Student Loans
Paying off student loans may sound like a problem millennials have to deal with disproportionately but that’s because some seniors have already paid their own loans back well before retiring. But not all.
Between 2012 and 2017, the number of borrowers aged over 60 increased by 20%, according to the Consumer Finance Protection Bureau. In most states, that number increased by 46% between the same years. So it’s safe to assume that if they don’t manage to put these debts behind them soon, they’ll end up paying them off during their golden years.
