‘I don’t know when or if we ever can’: Why retirement isn’t guaranteed for millions of Americans

The Independent

“Borrowers are taking longer to repay their loans, and that’s why we’re seeing more older borrowers,” explained Betsy Mayotte, president and founder of The Institute of Student Loan Advisors, a nonprofit that offers free advice to consumers.

Another reason, Mayotte said, is the rise in non-traditional students. “So, not someone right out of high school going to college, but someone in their 30s or 40s going back to college trying to get better employment,” she said.