Journal Article

Accounting for Age: The Financial Health of Millennials


Abstract: While millennials hold higher levels of student loans, education is often an investment that improves productivity and future earnings. Given these considerations, the concerns regarding millennials? spending and saving habits may be at least partially eased, as they will likely have more time in the labor force to accrue assets and pay off their debts.

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2018

Volume: 26

Issue: 2

Order Number: 5