{
  "id": 9326190,
  "title": "A 70-year-old owes $200,000 in parent student loans for his kids — experts warn against draining retirement to pay it",
  "url": "https://urgent.news/2026/09/23/a-70-year-old-owes-200-000-in-parent-student-loans-for-his-kids",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T11:30:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/small-business/articles/70-old-owes-200-000-113000217.html"
  },
  "original_language": "en",
  "account": "A 70-year-old man, Raymond, is struggling with $200,000 in student loans for his two children's education. Experts warn against draining retirement savings to pay off the debt. Raymond should first analyze the types of loans he has, as federal and private loans have different repayment options. He could consider consolidating federal PLUS Loans or refinancing private loans to lower his monthly payments. Refinancing may not be an option for private loans, though. It's crucial that Raymond keeps the loans current to avoid default and potential government seizure of his Social Security. He must prioritize keeping his retirement intact and explore other ways to generate extra income, such as working a part-time job or selling assets, to help pay off the debt.",
  "summary": null,
  "key_points": [],
  "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."
}