Millennials, also referred to as Generation Y, are those who were born sometime between the early 1980s and the mid-to-late 1990s. Unfortunately, Millennials are quite often a topic of heated and negative discussion in regards to their financial futures.
This infographic takes a look across America to see which states where Millennials struggle the most financially. There are several factors taken into account, including but not limited to the average student debt per borrower, average salaries, the unemployment rate within each state, and the relative value of $100 in each area.
Hawaii tops the list as the toughest state for Millennials to survive in. In Hawaii, the average student debt per borrower among Millennials is $24,955, while the average salary is only $39,000. Rounding out the top five on the list are New York, Alaska, New Mexico, and Oregon. Did your state make the list of the 15 states where Millennials struggle the most.
infographic by: www.titlemax.com