WASHINGTON, D.C.—Senior citizens with student loan debt traveled from around the country for the second time to tell President Joe Biden to cancel student loan debt for borrowers over 50 years old before President-elect Donald Trump takes office in January.
This group faces significant financial challenges, many delay retirement, neglect health concerns, and can’t pay their bills. Many older Americans feel embarrassed, ashamed and hopeless about their mounting debt. According to the Biden administration, a third of seniors with student loan debt were in default.
Millions of seniors took out student loans to pay for their education as they changed careers. Increasing numbers of parents, especially those who…
