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Paying student loans nearing retirement? Read this! Jun 26th 2013, 21:20 Education loans are right up there keeping company with credit card debt and home loans as the biggest reasons for domestic indebtedness in the US. Previously we used to see only young people in their twenties bearing the burden of student debt but off late we are increasingly seeing people in their fifties carrying the burden of student debt right into their retirement. When we analyze the age group 50 to 59 years we observe the average student loan debt climbing to $23,000.

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