It’s easy to feel overwhelmed by debt. Unpaid student loans, an ever-increasing credit card balance with high interest, a monthly car payment. These are just a few reasons why young consumers feel like they carry a huge financial weight on their shoulders. A survey conducted by Select and Dynata found that nearly half (44%) of 18- to 34-year-olds feel like they are “drowning in debt.” The average debt accumulation for the “Gen Z” age group is an average of $9,593, according to Experian. Student loans are the primary source of debt for this age group, followed by credit card debt.

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