Gen Z’s troubling relationship with debt

As the U.S. economy sees increased inflation and interest rates, many young adults are finding themselves sinking deeper into debt. Catey Hill, managing editor for MarketWatch Picks, joined CBS News to discuss how accumulating debt could have a long-term effect on Gen-Z Americans.

#genz #news #debt

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20 thoughts on “Gen Z’s troubling relationship with debt

  1. I paid off my student loan debt, and if I can do it, everyone can do it. It's as simple as that.

  2. I'm "thankfully" a Gen X, but uh… This country's government should maybe also work on not only their debt, but their habits instead of politics… It's not just Gen Z's or even Millennials fault…

  3. Maybe dont glorify debt as a solution? Couldnt get “RAISE YOUR CREDIT SCORE and WHAT COLLEGE ARE YOU GOING TO/WHAT ARE YOU MAJORING IN????” for the longest time. Its a culture problem.

  4. This messaging is insidious and erosive. The news anchor literally just ridiculed and dismissed previous generations who paid their own way…

  5. Gen z's troubling relationship with consumption and chasing status symbols….. rappers are not role models

  6. All they want to become Social Media influencers. Go and get a real job.
    Look at how much money they have sent to Ukraine. Who will pay for it? The American taxpayers. Nothing is free.

  7. Given that so many people today want "free" money from the government, it's not surprising that many people don't know how to manage their debt and credit.

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