The fifth installment and a National Journal Feature Article take a comprehensive look at the economic condition and prospects of the Millennial Generation as many of them are graduating from college and hoping to enter the workforce; click here to see Millennial-specific data. The financial obstacles faced by this generation are evident in the fact that many Millennials say that, while they can get by each month, they find it difficult to save and invest. Debt is a significant burden for many. According to the survey, the average debt load for Millennials is approximately $21,900. In order to get by, 39% of Millennials receive regular financial assistance from their parents, and 33% currently live at home with their parents. Above all, Millennials believe in the importance of achieving a stable career and making smart financial choices.
View the Heartland V: Millennial Experience data or our press release on the survey.
Millennial Anxiety: Graduation. A Job. Debt. Savings?
Brittney, a 20-year old student from California, dreams of a financially-stable future and career as a book editor. But as she juggles 2 full-time jobs, college and today's economic realities, she doesn't see a clear path to achieving them.
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