Many Seniors Still Paying Off Student Loans

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0  Updated at 10:15 am, April 2nd, 2012 By: EastIdahoNews.com
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iStockphoto/Thinkstock(WASHINGTON) — Many seniors are still struggling to pay off student debt.

The Washington Post reports new research from the New York Federal Reserve shows Americans 60 years of age and older still owe about $36 billion in student loans.  Some of this debt has been held for decades, but others took out loans when they went back to college later in life.

Copyright 2012 ABC News Radio