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More than 2 million of 2.8 million older borrowers took out loans to pay for their children’s or grandchildren’s educations—not their own. (Photo: Getty)

You might be used to thinking of student debt as a millennial problem—or at least as a millennial-and-GenX problem. But seniors are being crushed under student debt, with 2.8 million of Americans over the age of 60 paying off federal or private student loans.


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