Inside older people's battles to access student-debt relief

"Student debt isn't just crushing young people: 6.3 million borrowers ages 50 to 64 and nearly a million people over 65 are still paying for a loved one's education or their own," Sen. Elizabeth Warren of Massachusetts told Insider."Student debt is also one of the biggest contributors to the rise in the amount of debt seniors hold overall.

Navarro said she initially attempted to pay off her loans in monthly amounts she could afford, but as the bills grew, she went into forbearance. She later learned that her salary was being garnished, and now she is on an income-driven repayment plan, which sets her monthly payment based on income. "It's a corrupt lending system that has been allowed to cause unbearable agony and suffering," Navarro said."It's enough. I want my life back.", Jeff Courtney, a former JPMorgan executive, found that for over three decades, the government had been making the student-loan system look profitable when in reality more and more borrowers were going into default.

Warren and Schumer's CNBC op-ed said that the student-debt crisis was effectively punishing people pursuing higher education.

A KEY POINT not mentioned in this article: There are MORE people over 50 with student loans than UNDER 25....and they owe THREE TIMES MORE!!

Are you seeing this GovRonDeSantis

FinanceInsider The government will take it out Social Security payments, for many of us. They can garnish up to 15% of SS payments.

That's the Debt Slavery that it seems we want to ignore.

Well then, if your Career didn't earn you enough $ to pay for the education you borrowed for, then you might not be to smart!

Help W/ This petition? 1 million signatures so far...

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Amazon's and Walmart's growing healthcare venturesBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Inbox to learn more on the world of crypto, learn how to own your trading account and guide through withdrawal process
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Jennifer Lopez and Her Ex Ben Affleck's Relationship Now Amid Their Hangout and Dating RumorsThe two single stars were photographed together on Friday.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

The cast and makers of 'WandaVision,' and inside the Limited Series race by The AwardistPaul_Bettany TeyonahParris POTUS VP DOJBJA AppropsDems WaysMeansCmte BJA JustGrants System Please read the narrative for this issue on my YouTube channel; then follow up with this link for the email exchange. America are you ready for the truth. Paul_Bettany TeyonahParris eolsenarchive LizzieContent EverythingEOcom feiticeiraescbr eolsenbra NewsWandaVision Because it's never happened before now. 🙄🤦‍♀️I guess EO's sisters' show among others don't count.
Source: EW - 🏆 713. / 51 Read more »

Car with body inside found in pond during search for missing Texas mother, police sayGazaUnderAttack القدس_عاصمة_فلسطين_الأبدية نجمه_واحدة أنقذو_حي_الشيخ_جراح غزة_تحت_القصف غزة_تنتصر_للقدس Oh how sad. Israel_uses_phosphorus_bombs
Source: ABC - 🏆 471. / 51 Read more »

The Inside Story Of TikTok’s Tumultuous Rise—And How It Defeated TrumpThe social media app has faced plenty of corporate drama both inside and outside the company, according to interviews with more than a dozen current or former employees.
Source: Forbes - 🏆 394. / 53 Read more »