A higher percent of Millennials hold debt than any other group except Gen X, yet the average

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A higher percent of Millennials hold debt than any other group except Gen X, yet the average Millennial debt is lower than every group except the Silent Generation (age 75+). Why might this be the case?

Posted Date: May 11, 2024 02:18 AM

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A higher percent of Millennials hold debt than any other group except Gen X, yet the average

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Several factors may contribute to the phenomenon where a higher percentage of Millennials hold debt compared to other age groups while their average d... View the full answer

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