At 69, she is still paying down $12,000 of pupil financial obligation — including away from her personal safety checks. It’s not merely a problem that is millennial.

At 69, she is still paying down $12,000 of pupil financial obligation — including away from her personal safety checks. It’s not merely a problem that is millennial. About 222,140 Texans many years 60 and older had education loan financial obligation in 2017, holding a load that is median of15,754, relating to federal government information. Lynda Sue Costley, 69, got a drafting level from Amarillo university years ago and gone back to simply just take classes in design computer software. This woman is in standard on student education loans she took right out of the government that is federal. Eddie Gaspar/The Texas Tribune AMARILLO — If 69-year-old Lynda Sue Costley really wants to shower, she’s got to visit a house that is friend’s. Her trailer, for a gravelly road outside Amarillo, hasn’t had operating water since 2014 — whenever her spouse passed away from cancer. She invested the tiny cost savings she had on their care that is medical stated, and has nown’t fixed the rush pipe. Costley works in your free time at a meals bank, making $7.25 hour, and said she stretches every buck she’s. But on a monthly basis, she gets a page within the mail saying the government that is federal withholding $134 from her personal safety checks — the same as 18 hours of work. Like death and fees, Costley might be dealing with another certainty in life: her student education loans. She could, Costley’s debt has gone into default, swollen with accrued interest and been turned over to a collection company although she attended college decades ago and made payments when. She’s had...
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