This statistic presents the primary source of debt of Americans in 2019, by generation. At that time, the most common debt source for Generation Z was education loan debt, with 20 percent of respondents choosing that option. Mortgages were the primary debt of both Gen X and Baby Boomer respondents.
Primary source of debt of Americans in 2019, by generation
Characteristic
Gen Z
Millennials
Gen X
Baby Boomers
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Northwestern Mutual. (June 12, 2019). Primary source of debt of Americans in 2019, by generation [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/946332/primary-source-of-debt-usa-by-generation/
Northwestern Mutual. "Primary source of debt of Americans in 2019, by generation." Chart. June 12, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/946332/primary-source-of-debt-usa-by-generation/
Northwestern Mutual. (2019). Primary source of debt of Americans in 2019, by generation. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/946332/primary-source-of-debt-usa-by-generation/
Northwestern Mutual. "Primary Source of Debt of Americans in 2019, by Generation." Statista, Statista Inc., 12 Jun 2019, https://www.statista.com/statistics/946332/primary-source-of-debt-usa-by-generation/
Northwestern Mutual, Primary source of debt of Americans in 2019, by generation Statista, https://www.statista.com/statistics/946332/primary-source-of-debt-usa-by-generation/ (last visited July 22, 2024)
Primary source of debt of Americans in 2019, by generation [Graph], Northwestern Mutual, June 12, 2019. [Online]. Available: https://www.statista.com/statistics/946332/primary-source-of-debt-usa-by-generation/