It's also a glass half empty for millennials entering the workforce with more student loan
debt than any previous generation.
«Maybe part of it is the circumstances of college students graduating with more
debt than previous generations.
Millennials are often saddled with higher student loan
debt than previous generations and are deferring important life decisions such as marriage, having children and buying a home until later in life.
Baby boomers are expected to enter retirement with less savings and more
debt than previous generations, and a new report warns that will bring some housing concerns for this giant generation of home owners.
Not exact matches
Unfortunately, most startup businesses require some form of
debt that many millennials just don't want to take,» she said, adding, «Millennials tend to do things later
than previous generations — like marriage and kids — and I don't think entrepreneurship is an exception.»
«Among the current
generation of young households, those who own homes carry more mortgage
debt relative to income
than previous generations did at the same age,» the review said.
Millennials start at a deeper
debt disadvantage
than previous generations.
Sidelined by high unemployment, student loan
debts, and tight credit, this group has a different outlook on home ownership and long - term investment
than previous generations.
«Modern professionals have student
debt, less earning potential
than previous generations, a growing craving for real - world connections away from curated lives on social media feeds, and no longer value home ownership as a status symbol.
Meanwhile, millennials, the
generation of roughly 75 million Americans between ages 18 and 34, have been buying homes later in life
than previous generations, in part because of student
debt, high rents, and low credit scores.