Who Are Older Americans Still Repaying Loans From College? Tia Caldwell and Sarah Sattelmeyer, New America College works out well for most students, including those who take out loans. Yet, new research shows that some students do not see income gains after college, perhaps because they attended a low-value program, did not complete their degree, or faced systemic barriers in the labor market and beyond.
These borrowers struggle with their payments over the years, often experiencing growing balances and defaults. As they near retirement age, they fare even worse than seniors who never went to college, researchers say. |