Accounting for Age: The Financial Health of Millennials
YiLi Chien and
Paul Morris
The Regional Economist, 2018, vol. 26, issue 2
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.
Date: 2018
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