New research released today from the Association of Young Americans (AYA) and AARP show student loan debt preventing Americans across three generations from saving for retirement or buying a home. As many students begin their academic year, nearly half of those with student loan debt say they owe more than $30,000. According to the Federal Reserve Bank of New York, borrowers have over $1.4 trillion in student loan debt. The new research specifically shows that of those who have student debt, 45 percent of Millennials, 48 percent of Generation Xers, and 50 percent of Boomers owe $30,000 or more.
Social Security provides older Americans an important source of reliable income during retirement. This is especially true for African Americans, Hispanics and women, who often lack access to income from pensions or savings and rely more heavily on Social Security.
AARPCO asked candidates for Colorado treasurer how they would help reverse the trend of under-saving for retirement and work to provide essential services to older adults and their families. The two candidates were given 60 seconds to answer each of the questions that were posed. Check out the video to see how they responded, and remember to VOTE in the upcoming election on November 6.
AARPCO sat down with the candidates for Governor to hear their ideas on essential services for older adults, how they would promote retirement savings, and create livable communities. The two candidates were given 60 seconds to answer each of the questions that were posed. Check out the video to see how they responded, and remember to VOTE in the upcoming election on November 6.
Did you know there is a state agency representing your interests in electricity and natural gas utility matters before the Colorado Public Utilities Commission (CPUC)?
The Colorado Public Utilities Commission upheld the recommended decision of Administrative Law Judge Conor Farley in the Xcel gas rate case, which lowers what the company, also known as Public Service Company of Colorado, can bill consumers for natural gas.
AARP Colorado is pleased to report its 2018 legislative activities. All bills referenced below were signed by Gov. John Hickenlooper unless otherwise noted. Visit our bill list for more information: http://coloradocapitolwatch.com/bill-analysis/4714/2018/0/.