One In Eight Americans Burdened By Student Loan Debt, Including 700,000 Seniors

‘It will not be news to 41 million Americans that this nation is in the middle of a student debt crisis. That’s the number of people burdened by student loan payments. But many people, including many student debt holders, may be surprised to learn that people can be pursued for student debt even into their elder years.

In fact, the government is withholding Social Security payments for some retirees, because their student loans have not been fully repaid. This is a growing problem which Sens. Elizabeth Warren and Claire McCaskill have asked the government to study in greater depth.’

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