According to CNBC, “Parents Face the Student Loan Double Whammy.”  Data shows adults aged 50 – 59 are sitting on over $100 billion in student loan debt, almost triple the debt of just a few years ago.  On top of their own debt they are taking on the debt and costs of their college aged children.

 

See:  http://www.cnbc.com/id/100984688

 

http://www.moneycafe.com/personal-finance/student-loans/