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The balance needs to be funded by either savings or cash flow.
At todays college cost, not many families can afford that.
So, parents are taking out loans to help their kids go to college.
Interesting to note is the fact that those balances vary quite a bit from one city to the next.
Heres a look at the places where boomers have the most student loan debt.
At $49,780, the median balance among Stockton boomers is 34% higher.
Charleston boomers debt is $47,753 27% higher.
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