Student loan debt is delaying life milestones for young Americans

Student loan debt is delaying life milestones for young Americans

Data: Gallup Alumni Survey; Chart: Avery Lotz/AxiosSome two-thirds of Gen Z borrowers have pushed off one more life milestones because of their student loan debt, a new report out Tuesday found.The big picture: Student loan debt in the U.S. tops $1 trillion and is central to Americans' affordability pains, now coupled with the possibility of wage garnishment for those in default after a pandemic-era pause ended last year.Threat level: That debt burden has led more than half of borrowers to delay...

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