Why Baby Boomers Still Have So Much Student Loan Debt

Americans are drowning in student debt, with more than 44 million of us owing an estimated $1.67 trillion. But an unlikely group has more student debt than any other: baby boomers. That surprising finding is part of Fidelity Investments’ 2020 Student Debt Snapshot, which analyzed data from more than 250,000 loans reported using Fidelity’s Student Debt Tool. Baby boomers have an average monthly…

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