Young Americans are facing $1,005,000,000,000 in debt
Young Americans have racked up $1,005,000,000,000 in debtpic.twitter.com/rVSxrcuAwn
Milllenials now carry $1 trillion worth of debt. Since 2009, their mortgage debt has increased by just 3%, while their student loan debt has grown by over 100%https://www.bloomberg.com/news/articles/2019-02-25/millennials-face-1-trillion-debt-as-student-loans-pile-up …
Debt among 19 to 29-year-old Americans exceeded $1 trillion at the end of 2018, the highest debt exposure for the youngest adult group since late 2007.https://www.bloomberg.com/news/articles/2019-02-25/millennials-face-1-trillion-debt-as-student-loans-pile-up …
Millennials Are Facing $1 Trillion in Debt “Since 2009, mortgage debt increased 3.2% while student loan debt grew 102%.” Of $13.5 trillion total, by far fastest growing category. Looks like one hindering growth of the other to detriment of broad economy.https://www.bloomberg.com/news/articles/2019-02-25/millennials-face-1-trillion-debt-as-student-loans-pile-up …
Millennials reached $1,005,000,000,000 in debt. It's been more than 10 years since young Americans last reached levels this high https://www.bloomberg.com/news/articles/2019-02-25/millennials-face-1-trillion-debt-as-student-loans-pile-up … @business
Since 2009 student loan debt has more than doubled to more than $1 trillion for millennials alone https://www.businessinsider.com/us-millennials-saddled-with-1-trillion-in-debt-mostly-student-loans-2019-2 … default rates are climbing fast. I would forgive many of these loans as an economic stimulus. We are crushing the next generation with debt.
Come Work For Us: We'll Help Pay Down Your Student Loanshttps://n.pr/2BQlN7a
Student loans make up the majority of 19-29 years old debt Since 2009, mortgage debt up 3.2% while student loans up 102%https://www.bloomberg.com/news/articles/2019-02-25/millennials-face-1-trillion-debt-as-student-loans-pile-up …
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