Millennials and Debt Management

Aug 4, 2016 3:51:15 PM

According to a USA Today/Bank of America Money Habit survey.

Among those surveyed, two-thirds of millennials said they have made getting out of debt a top priority. This ranks just above minimizing financial stress, spending less than they earn and having an emergency savings fund.

The study showed a significant difference in responses from college-educated millennials versus those without a degree. Almost 60% of respondents with degrees said they were somewhat satisfied with their current financial situation, while only 40% of non-college grads felt confident about their status.

Other Findings:


Tags: Student Finances, Savings, Debt Management