How Much Debt Does The Average Millennial Have?

Financially, most Millennials – those born between 1981 and 1996 – are behind. On average, they earn just over $35,500 a year, and their net worth is a mere $8,000. Debt plays a big role in the low net worth numbers. And, since incomes aren’t increasing at rates similar to what Baby Boomers and Gen Xers saw, many are struggling to keep up. If you are wondering how much debt does the average millennial have, well here's what their debt picture looks like. Millennial Debt Total According Read more [...]