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Student debt is a baby boomer problem, too

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Problems that were mostly created by none other than the "baby boomer" generation. Yeah, you know who you are. You’re tanned and healthy and living way past average life expectancy.

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The echo boomers, unlike the baby boomers, have to deal with the trauma of student loan debt and the National economic crises at the same time. What the heck! SUMMARY. Hey, millennials it’s true that our debt ish is quite systematic, but we shouldn’t let the feds determine our fate.

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The Baby Boomers-those born between 1946 and 1964-were the first.. To lenders, student loan debt has traditionally signaled that an individual had a.. workforce programs is the problem of education and student debt.

Only a quarter reported feeling “financially comfortable,” while 43 percent of loan-free workers said they were. Student loan debt is a problem that spans generations. A quarter of Gen Xers and 13.

PHILADELPHIA (CBS) – It’s been decades since college and still too many baby boomer are drowning in debt from a student loan. people 60 years and older are the fastest growing age group for.

known as the Millennial Generation, promise to carry special impact.. critical issues for the financial future of the Gen Y population.. Compared with the Baby Boomers and Generation X, goal-oriented Gen Y is more supportive of. student debt early in life affects the financial position and decision making of Generation Y.

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Student-loan debt is not just a problem for young, recent college graduates searching for their first jobs. growing numbers of adults nearing the ends of their careers are accumulating such big debt,

There’s one big problem. baby boomers as the biggest voting bloc. Bold solutions to un-rig the economy are on the table,

Data shows that members of this generation – people born in 1981 to 1997 – are saddled with student loan debt, delaying major milestones such as homeownership and less financially secure than their.

The Student Loan Debt Crisis Isn’t Just A Problem For Millennials. The student loan debt crisis has hit the baby boom generation. Roughly 4% of Americans between ages 65 to 74 carried federal student loan debt in 2010. This figure is up from 3% in 2004 according to a report by the Governmental Accountability Office (GAO).

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