Five tips for Gen Xers feeling squeezed by student debt
© Reuters. A sign calling for student loan debt relief is seen in front of the Supreme Court as the justices are scheduled to hear oral arguments in two cases involving President Joe Biden's bid to reinstate his plan to cancel billions of dollars in student debt in
With the pandemic pause on repayments winding up, she is not sure how she is going to make the numbers work. The particular worry for Gen Xers is that, since many are well into their 50s, retirement is starting to loom over the horizon. That means many competing financial responsibilities, familiar to the Sandwich Generation: student debt, retirement saving, raising kids and sending them to college, and caring for elderly parents.
To be sure, President Joe Biden’s proposals to wipe away some student debt could have helped people like Irk, but were halted by the Supreme Court. The future of such efforts is unclear.
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