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But how do those numbers break down across different generations, from Gen Z to baby boomers?

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ALendingTree studyexamined where each generations debt stacks up.

Also see five myths about debt that nobody should believe in 2024.

How Does Gen Z Student Loan Debt Compare?

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Gen Xers have the highest median balance overall at $31,066.

Almost half of all Gen Zers in Boston have outstanding balances on their student loans.

Hartford, Connecticut

Hartford is home to many Gen Zers with student loan debt.

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Roughly 4 in 10 Gen Zers there owe a median student loan balance of $18,481.

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