A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck

A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck

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At the end of March, James Southern received a warning from his student-loan servicer stating: "Your account is seriously past due."

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