To be fair to the young adults, our policies, what with QE, ZIRP, NIRP, no-money-down-mortgages, asset price inflation, bailouts, soaring college costs, identity politics, everyones-entitled-to-a-free-lunch (but especially Wall Street), etc… kind of made debt seem “cool” over the past few decades. Wonder where they got it from? At least they’re starting to question it now…

NY Times: Young Adults, Burdened With Debt, Are Now Facing an Economic Crisis

“You compare it to the older generations — they worked up and saved money,”