Student loan payments cripple more borrowers

New figures are showing that repaying students loans is crippling many American borrowers across the country. New Census Bureau information also shows that many 14.2 percent of 25-34 year olds lived with their parents in 2011, largely due to the fact that they can’t find full-time positions. This also means that many parents who planned

New figures are showing that repaying students loans is crippling many American borrowers across the country. New Census Bureau information also shows that many 14.2 percent of 25-34 year olds lived with their parents in 2011, largely due to the fact that they can’t find full-time positions. This also means that many parents who planned to help their kids make payments are now burdened with student loans as well. The good news is, though, that borrowers with federal loans can find other options to defer or decrease their loan payments.

ABC News, 9/14/2011

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