Some older Americans say millennials’ student debt is their own fault

MarketWatch | Sep 13, 2019 at 5:58 PM
  • Alf Seccombe, a San Francisco area-based director with $223,000 in student loans.
  • One year at any four-year institution cost $26,593 during the 2016 to 2017 school year, according to the National Center for Education Statistics.
  • Borrowers between the age of 18 and 39 owe $840 billion of the nation’s approximate $1.5 trillion dollar student debt as of this year’s second quarter, according to Federal Reserve Bank of New York data, while those aged 18 to 49 owe $1.16 trillion.