But it wasn’t because they were 20, an age at which few Americans procreate, it was because they were millennials and they were special. MarriageWhen you look at how quickly Americans hit major life milestones, sorted by year of birth, it’s easy to spot the millennials (born between 1981 and 1996). We don’t have data for younger millennials yet; they’re still aging their way toward marriage. In 2004, when the first wave of millennials graduated college, Americans owed about $260 billion in student loans, according to the Federal Reserve Bank of New York. A recent Federal Reserve report confirmed that debt has held young Americans back.
Source: Washington Post March 16, 2019 14:15 UTC