mal wealth, young adults often must take on debt to finance investments in the future. . Gen X youth had an average debt of about $60,000 by their late.
The average American now has about $38,000 in personal debt, excluding The findings are based on a survey of over 2,000 U.S. adults.
Here's the average amount of debt for each age group: Under 35: $67,400 A person's education level directly affects their earning potential. Here are 2017.