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Three Reasons Why Millennials May Face Devastating Setback from COVID-19
Abstract: Will the millennial generation, already known for its financial struggles in the wake of the Great Recession, face a devastating financial setback from the coronavirus pandemic?
Keywords: Household debt; Mortgage; Student loan; Credit card debt; Financial distress; Delinquency; COVID-19; Coronavirus;
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https://www.stlouisfed.org/on-the-economy/2020/may/three-reasons-millennials-may-face-devastating-setback-covid19
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2020-05-21