Idaho’s newest congressman-elect is a 42-year-old attorney and former state lawmaker, but he’s also still paying off thousands in student loans. “It’s how I got through law school,” said Idaho Rep.-elect Raul Labrador. The Project on Student Debt, a nonprofit research group funded by the Bill and Melinda Gates Foundation and the Ford Foundation, says it’s not uncommon for Americans, particularly those with professional degrees, to still be paying off their student loans into their 40s. “It’s taking longer and longer as people borrow more,” said Edie Irons, the project’s communications director. “We’re definitely troubled by it”/Betsy Russell, Eye On Boise. More here.
Question: Did you have to take out student loans to get through college? How long did it take you to pay them off?