Millennials Aren't Alone: Gen X Have Plenty of Student Debt Pain


Millennials Aren't Alone: Gen X Have Plenty of Student Debt Pain

Oct, 14th 2016

It isn’t a person in their 20s with six figures of debt

The phrase “student debt crisis” might conjure up a person in their 20s worried that their six figures of debt will keep them from marrying or buying a house. It should probably be someone more like Maria Hurtado.

Hurtado, 46, who left school in 2000 with $6,000 in loans, is now an administrative assistant for a window and door manufacturer in Montebello, Calif. But she only recently began paying her debt back regularly after years in various degrees of nonpayment, including a default that ruined her credit.

Hurtado struggled to find steady work after earning a home health services and occupational therapy certificate from now-defunct Corinthian Colleges. A subsequent colon cancer diagnosis made working — and staying current...

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