Most of Millennials Are in Debt: Poll

Only 22 percent of millennials are debt free

About three out of every four millennials in the United States are carrying some form of debt and many are putting off major life milestone events as a result, according to a new NBC News/GenForward survey.

A quarter of those surveyed between 18 and 34 years old are over $30,000 in debt and 11 percent owe more $100,000.

Credit cards are playing a bigger role than student loans, the survey found.

The debt load has led a third of all millennials to hold off buying a home and 31 percent to delay saving for retirement.

Only 22 percent of millennials are debt free.

Contact Us