The Student Debt Crisis Is Driving Elderly People Into Poverty

WASHINGTON ― Student debt is forcing tens of thousands of elderly Americans into poverty, according to a new Government Accountability Office report.

The findings are startling. More than 110,000 senior citizens had their Social Security checks garnished in 2015 to pay off student loans they’d already defaulted on. Nearly 70,000 Americans over the age of 50 are living in poverty as their Social Security benefits are cut to pay off student loan debts.

Student lending is typically...

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