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Red flag for U.S. economy: A record-high 7 million Americans are 3 months behind on car payments – A car is usually a higher priority payment than a home mortgage or rent. scores and are under age 30, suggesting young people are having a difficult time paying for their cars and their student.

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Fed Says Student Loan Debt Is Preventing Young People From Buying Homes – “In surveys, young adults commonly report that their student loan debts are preventing them from buying a home,” Fed researchers Alvaro Mezza, Daniel Ringo, and Kamila Sommer said in a paper released.

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Study: Record number of young adults living with their parents –  · A record 21.6 million young adults in America were living in their parents in 2012, according to a new pew research center poll on the so-called.

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