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Jun 21, 2021

Older Americans have the fastest-growing student debt

Nearly 9 million Americans 50 and up still have student debt, either from loans they took out to pay for their own education or for their kids’ educations, according to the Department of Education. Plus, taking stock of how markets reacted to the Federal Reserve’s latest economic assessment last week. And, Chinese citizens are still processing the change in birth policy announced last month that will allow couples to have three children instead of the current maximum of two. A number of women have turned to humor in their reactions.

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And the total amount of debt they owe is growing faster than for any other age group.
And the total amount of debt they owe is growing faster than for any other age group.
zimmytws/Getty Images

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Older Americans have the fastest-growing student debt