Meet the average American millennial, who's a parent and homeowner with a net worth of $128,000 and hoping for student-debt relief
found that"young Americans" — a group with an average age of 33 to 34 — had roughly the same average wealth adjusted for inflation as Gen X did at the same age.
The fact that some millennials may be doing just as well — but not a lick better — than older generations arguably isn't worthy of much celebration in a country where parents want their children's livesAlmost half of millennials have student-loan debt and are, on average, $40,614 in the hole. Student-loan borrowers and advocates gather for the People's Rally for Student Debt Cancellation during the Supreme Court hearings on student-debt relief on February 28, 2023, in Washington, DC.of millennials had student-loan debt.
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