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re: Millennials make more money than any other gen. did at their age, but are way less wealthy
Posted on 10/12/21 at 9:45 am to kingbob
Posted on 10/12/21 at 9:45 am to kingbob
quote:
they tend to start their careers saddled with crippling levels of debt.
Depends on what you earned your degree in. That debt will be paid off at a higher rate in the right field.
Posted on 10/12/21 at 9:50 am to Breauxsif
quote:
Depends on what you earned your degree in. That debt will be paid off at a higher rate in the right field.
No, the difference is that boomers had zero student debt and gen x typically had relatively little. Between the time gen x and gen y got to college, tuition often tripled. Thus, while boomers started their careers at $0 net worth, gen y started tens of thousands of dollars in the hole.
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