Washington has and continues to garnish what little money seniors are getting. They already live on money that is far below the poverty threshold. What kind of county treats those with the least, the worst?
That is just one story of many. Maybe you know of someone who is having a hard time due to student loan debt. Send a card, a silly email, make a call, everyone needs support every once in a while and know they are not in this student loan debacle alone.
Learn more?
http://hansenclarke.house.gov/press-release/rep-hansen-clarke-introduces-student-loan-forgiveness-act-2012-hr-4170
According to CIA.gov those over 65 years and over represents: 13.1% of our population (male 17,745,363/female 23,377,542) (2011 est.) that total is 41,123,905 million individuals 65 and over.
To add to the devastation, according Moneyland.time.com, “At the same time, older Americans are increasingly finding it necessary to keep working—because their nest eggs and home values took a beating during the Great Recession, and/or because they still need to pay off credit cards, mortgages, student loans, and other debt. In 2001, just 13% of Americans ages 65 and over were employed; that figure ballooned to 18% by last summer.”
Seniors alone owe 36 billion in student loans. That is staggering amount of money for people who have worked so hard all their life, and they still have the daunting concern of worrying about student loan debt. Do they eat, pay rent, or pay for medication or do they pay the student loans, that is the question?
Plus, how is it even possible with a population of seniors a little over 41 million owe 36 billion? Ask yourself that?
Read more: http://moneyland.time.com/2012/04/03/60-and-still-not-out-of-student-loan-debt-seniors-facing-36-billion-in-college-loans/#ixzz1uPp3POGB
Plus, how is it even possible with a population of seniors a little over 41 million owe 36 billion? Ask yourself that?
Read more: http://moneyland.time.com/2012/04/03/60-and-still-not-out-of-student-loan-debt-seniors-facing-36-billion-in-college-loans/#ixzz1uPp3POGB
No comments:
Post a Comment