15% of Retirees have Student Loan Debt, Study finds

, Spencer Irvine, Leave a comment

The College Fix reported:

“Among retirees, education loans made up less than 1 percent in 1989 but grew to 15 percent by 2013,” according to the recently released LIMRA study.

“The data suggests that parents and grandparents have acquired more student loan debt to help their children and grandchildren,” the association notes.”