Millennials in the hole

Millennials in the hole … Many people make fun of Millennials because they seem to be putting their lives on hold and don’t seem to be eager to “launch.” Well, a new study suggests there’s a very good reason for this. Right now, the average Millennial is dealing with an average of $32,000 worth of debt, with much of this debt coming from student loans. Because of this money trouble, their hands are tied a bit. Even if they wanted to launch, it would be tough because so much of their earnings has to go toward paying off that debt. (CNBC)