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Millennials are so buried in debt they can’t buy into American Dream of owning a home

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USA Today
March 15, 2019

Amanda Hill, 27, deals with big student loan debt by doing everything she can to keep her other bills small.

“I have cut out all the things that aren’t absolutely necessary,” Hill said.

She eats out maybe once a month. She limits her driving to control how much she spends on gas. She lives in an apartment.

She avoids getting her nails done or shopping. She buys clothes about two times a year.

Hill – who is juggling $90,000 in student loan debt after graduating in 2015 from Hampton University in Virginia – figured she didn’t need a car payment on top of her monthly student loan payments.

So she bought a 2005 Saturn Ion last year from a woman at her church.

She paid $500 for her car.

  • A d v e r t i s e m e n t

“And I was surprised it actually worked,” she said. “But I had to learn how to drive a stick shift.”

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This article was posted: Friday, March 15, 2019 at 7:36 am





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