America's 30-Year-Olds Are Facing a Mountain of Debt
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
As the old saw goes, your twenties are for learning and your thirties are for earning.
Today, America's 30-somethings are learning what it means for earning when you pile on debt. Since the pandemic, no other age group in the country has racked up debt at a faster pace than those aged 30 to 39, according to the Federal Reserve Bank of New York. Blame student loans, inflation, child care, the housing market, and... the 30-something-year-olds in your life have probably already given you the whole spiel.
Source Fool.com
