OUR TIME DAILY TRANSLATION

We've heard you say it many times: "Politics is like a foreign language." Well, we agree.

Each week, we summarize, simplify, and interpret different major news stories and how they affect our generation. We'll give you our take, and you can decide for yourself.

STUDENT LOAN DEBT CAN BE A BURDEN FOR LIFE

student_loans

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THE FACTS

  • Those under 40 account for nearly 60 percent of outstanding student loan debt.

  • Americans 60 and older still owe about $36 billion in their student loans.


WHY WE SHOULD CARE

  • If this pattern continues, our generation is going to be a generation of seniors who are burdened with our own debt AND still paying off the debt of our parents and grandparents.


OUR TIME OPINION

The price of education has outpaced the cost of living dramatically, and colleges need to keep their costs in check coupled with more state funding for college so that future generations don’t spend a lifetime in student debt.

Original article link http://www.post-gazette.com/stories/news/us/senior-citizens-continue-to-bear-burden-of-student-loans-630422/


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