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Adults Under 30 Have Over $1 Trillion in Debt

According to household debt data from Equifax and the New York Fed Consumer Credit Panel, American adults under the age of 30 have $1.05 trillion in debt. This is the highest level of debt for this age group (18-29 year-olds) since 2007, right before America’s financial crisis. By comparison, adults 30-39 years old have $2.9

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