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Date Filter: 2/2017

Can parents get hurt by taking out student loans for their child’s education?

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Feb 01, 2017
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Student loans

By Ross Krieger If you are a student whose parent will be taking out money for your college education, or you yourself are taking out loans at a later age, be careful. People over 60 are the most rapidly growing segment of borrowers for student loans, and they are facing problems as their debt repayment often affects their retirement saving. The Boston Globe recently published an article featuring two women in their 60’s who are heavily in debt without a clear way out. One of the two took out...

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