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Rising debt among older Americans highlights pushback on benefit offsets

Reported · Written up by our desk · Fund Industry

MarketWatch reports that debt among older Americans is rising, including both the number of households carrying debt and the amount borrowed.

The outlet frames the development alongside proposals that would allow the government to take up to 15% of Social Security benefits to repay student loans, seeking to stop that kind of offset.

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Sources

MarketWatchThe government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it.
MarketWatchThe government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it.

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