Tag: OASI
The brief’s key findings are: Student debt among retirees is not currently large, but their debt-holding and delinquency rates have been rising rapidly. Retirees with delinquent loans can have part of their Social Security benefits withheld to pay the loans. Black households are more likely to hold student debt and to have delinquent loans. The study finds…
Abstract While the magnitude of student debt held by those over 65 is not large, both the share of households holding such debt and the mean amount have risen rapidly since 1990. Defaults on student loans have similarly been rising among older debt holders. One distinct feature of federal student loans is that federal payments…
