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Student Debt Weakens Retirement Security

Collection Industry News

In the past, older households were more likely to retire debt free with a paid-off mortgage. Student loan debt for older adults, their children, and their grandchildren has been rising for decades. Student Loan Debt Is the Fastest Growing Type of Debt for Older Americans. Source: site.

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Financial Tips and Tricks for One-Income Households

Credit Corp

There are certain things that can put someone into debt that are not just positive but can also improve financial standing over time. Some examples are startups, mortgages, and student loans. Student loans are a great place to start. So, it’s a manageable place to shrink down your payments.