American Public Media
Did you think you'd pay off student loans before age 40?
When we talk about student loans, we usually think about young people -- college grads and twenty-somethings struggling to make their payments. But the student loan crisis isn't just about the young. Of the $900-plus billion in U.S. student loan debt, more than a third is held by people age 40 and older.
These older Americans are struggling to pay down school debt -- much more so than 20-somethings. For example, nearly 12 percent of education loans to 40- to 49-year-olds are more than 90 days delinquent. This is compared to 6.2 percent delinquency for borrowers under age 29.
Are you among the 37 million Americans with school debt? How much do you still owe? How have changes in your life situation made repaying these loans easier or more difficult?
Share your personal experience with reporter Samara Freemark by filling out the form below. Contact her directly at firstname.lastname@example.org or 651-290-1289 with any questions.
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