Aging with student loans: how to find debt relief in your 50s and 60s

The video discusses the growing issue of student debt among older borrowers, highlighting that people over 60 are the fastest-growing group of student debt holders. It explains the financial challenges they face, such as reduced time to repay loans and potential impacts on retirement savings. The video covers income-driven repayment plans, including the Biden administration's SAVE plan, and potential policy changes under Trump. It concludes with advice for older borrowers on managing their debt, including exploring repayment options and considering deferment or forbearance.

What challenges does the SAVE plan face according to the text?

What options are available for older borrowers struggling to make payments?