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Millennials who are saddled with debt such as costly mortgages might well bear the brunt of higher interest rates in the months to come, a new RBC report argues.
Millennials who are saddled with debt such as costly mortgages might well bear the brunt of higher interest rates in the months to come, a new RBC report argues.
Emily Gifford, a 29-year-old working at a local bank in Little Rock, Arkansas, says she's considering going back to school to get a different job.
"If you worry about it too much, then you'll get really depressed because it's an awful amount of money," Jordan Lee, 28, said of his student loans.
Millennials in their 30s are accumulating debt at an alarming rate. It's just one way the economy is slamming the group.