1 in 5 Adults Over 50 Are in ‘Serious Delinquency’ From Student Loans—How to Get Yourself Back on Track
The Federal Bank of New York just released a new report that claims one in five—or 18%—of student loan borrowers over the age of 50 have “serious delinquency” when it comes to their bills, often resulting in them not paying them for at least 90 days and negatively affecting their credit scores. This shift comes