Rising student debt is a central concern, particularly to young people just starting out. In a latest poll, nearly three-in-10 young people who define themselves as just starting out cited paying off student loans as their biggest financial challenge; that tied with saving up enough money for major expenditures such as buying a home was their top concern.
In sharp contrast, only about one-in-nine older poll respondents who define themselves as no longer starting out described student loans as the toughest financial challenge they faced in their own youth. Instead, older respondents pointed to making ends meet, not accumulating debt, and setting aside cash for major purchases as the greatest challenges in their early financial lives.
For the rest of The Atlantic article about what debt most millennials are worried about, click the link below.
Source: Millennials Are Most Worried About Student Loan Debt – The Atlantic