Per below, the comments on today’s student debt column are really a must-read, here’s one:
Senior Citizensin Student Loan Debt and credit
I have rearely , if ever, seen anything written about the plight of many senior citizens who carry old student loan debt. I graduated university in 1985 [ some loans dating from ‘81]. My loan debt ballooned because of the interest,yes, but more importantly, I had a family crisis [ terminally ill child]and I was physically and emotionally unable to begin to address the issies. I WAS in contact with the banks and the USDE. At one point [ late 80s] I eas even willing to collect soda cans and bottles [ that’s all I could do because I was homeless] but I was told “that’s not good enough.” It wasn’t until I get good jobs inthe late 90s and 2000 that I could begin to pay anything. Now I am living on ONLY Social Security; I AM paying on my loans, but the staggering sum of interest accrued is enough to send me to cardiac arrest. I wish there were some relief! If there is any will someone PLEASE tell me!Dee DeMusis, at 10:35 am EDT on July 14, 2008
Now, I know for a fact that there are journalists out there who read this blog. Come one–this piece writes itself! You’ve got impoverished senior citizens AND the health care crisis AND uncaring student loan companies, all wrapped up in a compelling personal story that provides a fresh angle on a hot issue. Your lede’s already written! Track this poor woman down and take the rest of the week off, your work is done!






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