3 million senior citizens in the US are still paying off their student loans

It's not just young people paying off college debt — senior citizens say they're still paying off student loans they took out for school decades ago.

More than 3 million Americans aged 60 and older currently owe more than $86 billion in unpaid student loans, according to Consumer Financial Protection Bureau (CFPB) data seen by CBS News. Recent data available online from 2017 showed the number was $66.7 billion two years ago.

Many older Americans are now reportedly turning to their Social Security benefits to pay student debt.

Seraphina Galante, a 76-year-old who received her master's degree from San Diego State University 19 years ago, told CBS News that she still owes nearly $40,000.

"I was very confident that ... I would pay it back, you know, in due time," Galante said. "We grow older and then we get more senior. That's reality of life."

https://www.businessinsider.com/americans-over-60-paying-student-loans-2019-5?IR=T