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Generation X's Student Loan Crisis
Description
Generation X is grappling with a significant financial burden: an average student loan balance of $48,203, while also supporting aging parents and childrens education. This demographic faces a middle-class squeeze, with looming retirement planning concerns. The human impact is profound, with many feeling trapped in a debt cycle. However, there are management strategies, including income-driven repayment plans, forbearance, and recovery options for those who have fallen behind.
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