New Survey Shows Student Loans Have Delayed Wealth-Building for Gen Z and Millennial Borrowers

New Survey Shows Student Loans Have Delayed Wealth-Building for Gen Z and Millennial Borrowers
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By Hanneh Bareham From Bankrate.com

Roughly 60 percent of U.S. adults who have held student loan debt have put off making important financial decisions due to that debt, according to a new Bankrate survey. For Gen Z and millennial borrowers alone, that number rises to 70 percent. Student loans have prevented these borrowers from saving for retirement or emergencies, buying a home, or paying off other debt, like credit cards.