FCTI - Blog

Youth Debt is "the New Normal". It Doesn't Have to Be.

Posted by Rebecca Hellmann on Dec 18, 2019 6:45:00 AM

It is a well-known truth that a majority of Millennials (born 1977-1995) struggle with debt. Not including mortgages, the average debt they hold is around $28,000. That money is typically wrapped up in student loans, car loans, and revolving credit card debt.

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Topics: consumer budgets, money management, household budgets, financial education, generation z