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Maxed Out: Exactly Exactly How Millennials Can Pay Back Debt and lower Their Stress

Why It Issues:

Compiled by: Melissa Komadina | Transamerica
July 24, 2019

It’s not as simple as just cutting back on avocado toast when it comes to millennials getting out of debt. 1

The sum total average financial obligation for millennials is approximated at $36,000, based on Northwestern Mutual’s 2018 preparing & Progress learn. The most truly effective resources of millennials’ financial obligation is academic loans followed closely by credit debt. 2