This Generation Has a Huge and Growing Student Debt Burden. It's Not Who You Think

Apr 29, 2018, 09:35 PM

A recent analysis of American debt revealed a startling shift: Borrowers between the ages of 45 and 74 now owe more money in education-related debt, on average, than do younger college graduates.

People under age 35 with student debt owe $32,900 on average, according to data from the Fed's 2016 Survey of Consumer Finances.