The report shows that while debt remains a significant burden, 70% of Gen Z believe they will have greater economic opportunities than their parents did.
Generational mobility persists in the U.S., as evidenced by Gen Z's increased earnings and strong optimism about their financial futures, despite their debt challenges.
The study indicates credit card debt is most burdensome among Gen Z, with two-thirds reporting it as unmanageable, yet they still express optimism.
Data from over 7,800 people suggests that many Americans, particularly Gen Z, feel dragged down by debt but retain hope for their financial futures.
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