According to the American Association of University Women (AAUW),
data shows that college - educated makes who graduated in 2008 were able to pay off more than 40 percent of their student
debt between 2009 and 2012, while women were barely able to
cover 30 percent of their overall
debt in the same timeframe.
Many older Americans may be concerned about having enough money to
cover their expenses when they enter retirement, as 41 percent of homeowners ages 65 and older are still carrying mortgage
debt, according to 2016
data from the Harvard Joint Center for Housing Studies.