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At 69, she is nevertheless paying down $12,000 of pupil financial obligation — including away from her personal safety checks. It’s not simply a millennial issue.

At 69, she is nevertheless paying down $12,000 of pupil financial obligation — including away from her personal safety checks. It’s not simply a millennial issue.

About 222,140 Texans many years 60 and older had education loan financial obligation in 2017, holding a median load of $15,754, in accordance with federal government information.

Lynda Sue Costley, 69, got a drafting level from Amarillo university years ago and gone back to just just take classes in design software. This woman is in standard on figuratively speaking she took right out of the authorities. Eddie Gaspar/The Texas Tribune

AMARILLO — If 69-year-old Lynda Sue Costley desires to shower, she’s got to visit a house that is friend’s. Her trailer, for a using prosper for loans gravelly road outside Amarillo, hasn’t had water that is running 2014 — whenever her husband passed away from cancer. She invested the small cost cost savings she had on their care that is medical said, and containsn’t fixed the rush pipeline.

Costley works in your free time at a meals bank, making $7.25 a full hour, and stated she extends every buck she’s. But on a monthly basis, she receives a page into the mail saying the authorities is withholding $134 from her personal safety checks — the same as 18 hours of work.

Like death and fees, Costley might be dealing with another certainty in life: her figuratively speaking.

She could, Costley’s debt has gone into default, swollen with accrued interest and been turned over to a collection company although she attended college decades ago and made payments when. She’s had her wages garnished and her tax refunds withheld. Nearing 70, she nevertheless owes nearly $12,000 for classes she went to within the 1980s and 1990s — and her balance is still padded by interest as well as the financial obligation collector’s expenses.

“ I know I’ve got to back pay it; it must be repaid, ” said Costley. “When I have the cash, i am going to. ”

Typically connected with millennials, the specter of education loan financial obligation hangs over possibly numerous of retirement-age Texans, like Costley.