{
  "id": 8662663,
  "title": "A 60-year-old took out student loans to help her kids succeed. She's facing retirement with a $156,000 balance.",
  "url": "https://urgent.news/2026/09/20/a-60-year-old-took-out-student-loans-to-help-her-kids-succeed-shes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T10:00:01.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/mom-postponing-retirement-student-loan-debt-parent-plus-save-repayment-2026-9"
  },
  "original_language": "en",
  "account": "Nansi Lynch, a 60-year-old, took out student loans to help her children pursue higher education. Currently, she faces a $156,000 balance on her federal parent PLUS loans, which carry an interest rate of 9.07%. She intends to repay the loans until she reaches 75 years old, expressing frustration over the decision. Lynch never attended college herself and is currently employed as a school bus driver and gym owner. Her daughter works full-time in security operations for a federal contractor, while her son works as a personal trainer at the gym. Lynch worries about increasing payments when her forbearance ends early next year. Despite her regret over taking out the loans, she believes the decision was beneficial for her children's education and future job prospects. Lynch's story is part of Business Insider's \"Student Debt Spiral\" series, which examines the impact of rising student debt on the financial futures of millions.",
  "summary": "She doesn't have a college degree of her own, but she's staring down a six-figure student-loan balance she took on to give her kids a better life.",
  "key_points": [
    "60-year-old Nansi Lynch took out student loans for her children's education.",
    "She faces a $156,000 balance on federal parent PLUS loans with 9.07% interest.",
    "Lynch worries about repayment when forbearance ends next year."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}