(2 articles) What Really Changes in Older Age | A Gen Xer with $47,000 in student debt just got word his loans will finally be wiped out after nearly 3 decades of payments

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Don't like ads? Go ad-free with TradeBriefs Premium What Really Changes in Older Age    Among the many negative stereotypes that exist about older adults is the idea that they’re not capable of change, my colleague Faith Hill noted recently. In fact, many psychologists used to believe that after young adulthood, people tend to settle into their personality. That’s largely true, Faith writes, but only until a certain point: “More recent studies suggest that something unexpected happens to many people as they reach and pass their 60s: Their personality starts changing again.” This finding speaks to the capacity of older people to adapt. But as Faith writes, it also tells us something about the circumstances that many older adults contend with, and how society might better support them. Today’s newsletter will explore some of the more wondrous elements of older age. Aging is not easy, but many older adults speak of their current stage of life with satisfaction and joy. Take the writer Margaret Atwood’s reply to Jennifer Senior asking her how old she feels in her own head: At 53 you worry about being old compared to younger people. At 83 you enjoy the moment, and time travel here and there in the past 8 decades. You don’t fret about seeming old, because hey, you really are old! You and your friends make Old jokes. You have more fun than at 53, in some ways. Wait, you’ll see! :) Continued here You Might Like � � � � � � � � � A Gen Xer with $47,000 in student debt just got word his loans will finally be wiped out after nearly 3 decades of payments    Jason Harmon, 54, has been paying off his federal student-loan balance for nearly three decades. That might soon end. When Insider first spoke to Harmon in 2022, he had been paying off his $47,000 student-debt load for 27 years. After graduating from the University of Arkansas in 1995 with $26,000 in debt, he said he enrolled in an income-driven repayment plan that promised loan forgiveness after 25 years. That seemed like the best option for him at the time because he said his income wasn't that high as a journalist. Even when he lost his job during the 2008 recession and struggled to maintain employment since, he said he remained consistent on his student-loan payments. But issues arose when his loans were transferred to a new servicer in 2013 and his payment count was thrown off track. Continued here

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