Many people with student loans aren’t carrying the burden of their debt alone. The mountain of debt weighs down their families, too.
“Student loan repayment is really a family affair,” says Fiona Greig, director of consumer research at the JPMorgan Chase Institute.
The number of people 60 and older with student loan debt has been increasing, with many of those loans taken out by parents and grandparents to help younger family members pay for college.
Now a new study by the JPMorgan Chase Institute …