Tag: student loan payments
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…
The COVID-19 economy is really a tale of two worlds. The stock market and housing market have largely shrugged off the economic slowdown. But severe financial problems are brewing for millions of workers who have lost their jobs or are earning less in a lackluster economy. The assistance passed by Congress will certainly help. Still,…
