An exploding number of households headed by older Americans are carrying federal student debt, according to an analysis by the Government Accountability Office.
That can mean serious consequences to the retirement security of these people, because the government can recover unpaid loans from the borrower's Social Security retirement, disability or survivor benefits.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
