How Much Debt Do Millennials Have?

November 6, 2020

CNBC, Nov. 5, 2020–Megan DeMatteo
Millennials are the generation with the fastest growing debt load, which isn’t surprising when you consider this cohort is increasingly having children, buying homes and continuing to pay off their student loans. According to the Experian 2020 State of Credit report, the average millennial consumer has about $27,251 in non-mortgage debt, and millennial homeowners have an average mortgage balance of $232,372.
https://www.cnbc.com/select/how-much-debt-do-millennials-have/