We’ve written before about the idea of a “debt backpack,” this notion that young adults are graduating from college already burdened by debt. The more burdensome that backpack, the less able and likely they may be to not only make major financial investments — like a home, or a new car — but also might be putting off important personal milestones, including marriage and kids. The results of a new survey back up this theory and show the delaying effect that student loan debt has on Millennials. [More]
