Consumer Financial Protection Bureau data says thatAmericans over 60 are the fastest-growing category of student loanborrowers and that they have “roughly quadrupled in number between2005 and 2015.” (Photo: Getty)
AARP is wading into the fight over student loans, taking up the cause in somestate capitals to more tightly regulate abusive student loancollection practices.
Among its actions: battling the federal government over SocialSecurity garnishment to collect on defaulted loans by olderborrowers, and pursuing greater transparency in fees andtuition.
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