How Student Loan Debt Is Kicking Retirement For Boomers, Gen X, Millennials & Gen Z To The Curb

How Student Loan Debt Is Kicking Retirement For Boomers, Gen X, Millennials & Gen Z To The Curb

AgeLab Director Joseph Coughlin writes in Forbes on the effect of student debt on retirement across generations:

"The impact of student loan debt on the life course of younger Americans has been written about at great length: the burden of student loans has pushed marriage, childbearing, and home ownership among Millennials to significantly later in life.

But another complication of runaway student debt in the U.S. has been relatively ignored: its effect on the retirement plans of older Americans. Student loans are not just a challenge for younger adults. An AARP report describes an alarming increase in student debt among borrowers ages 50 and older, of nearly $250 billion over the last fifteen years."

Read Dr. Coughlin's thoughts in full via Forbes.

 

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