Includes "Americans caught up in the early stages of the student loan debt crisis still owe as much, if not more, than new college graduates. Now indebted parents who graduated years ago are struggling to save for their children's tuition as they near college age... "We're in the early stages of a major social transformation," Josh Boak, who reported on the situation for AP, told Southern California Public Radio. "Right now there's about $1.2 trillion in outstanding student loans. We've seen that share disproportionately now belong to people who are older than forty."..."
Read the full article on: RT