Older Student Loan Borrowers Face Precarious Long-Term Financial Security

Older student loan borrowers are concerned about servicing practices that can potentially jeopardize their long-term financial security, according to a recent report from the Consumer Financial Protection Bureau. From 2005 to 2015, the number of older student loan borrowers has quadrupled, increasing from 700,000 to 2.8 million, and the amount of debt per older borrower has nearly