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A recent Washington Post analysis of Bureau of Labor Statistics data found that Gen Z is spending 31% more on housing costs compared to what millennials paid 10 years ago, a figure that also ...
The financial industry expects continued growth in credit activity by Generation Z, whose rate of credit delinquency is comparable to those of the Millennials and Generation X. [169] According to a 2019 report from the financial firm Northwestern Mutual, student loans were the top source of debt for Generation Z, at 25%. For comparison ...
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However, it was the middle class and especially the lower class that were driving the U.S. marriage rate down; marriage rates remained steady among the upper class. [260] In general, the level of education is a predictor of marriage and income. University graduates are more likely to get married but less likely to divorce. [260] [261]
Generation Z (often shortened to Gen Z), also known as Zoomers, [1] [2] [3] is the demographic cohort succeeding Millennials and preceding Generation Alpha.Researchers and popular media use the mid-to-late 1990s as starting birth years and the early 2010s as ending birth years, with the generation most frequently being defined as people born from 1997 to 2012.
The Silent Generation, which came before the Boomers, averaged mortgage rates of 4.3%. Gen Z, the youngest adult generation with the oldest members now age 27, are more likely to have bought their ...
iGen [a] is a 2017 nonfiction book by Jean Twenge that studies the lifestyles, habits and values of Americans born 1995–2012, [1] the first generation to reach adolescence after smartphones became widespread. Twenge refers to this generation as the "iGeneration" (also known as Generation Z). Although she argues there are some positive trends ...