- Millennials are taking on debt at a faster rate than any other age group.
- Many of them are looking to finally buy a home, a car, and start a family.
- Going into significant debt may be the only way millennials can afford a middle-class lifestyle.
After delaying marriage, homebuying and kids longer than any other generation, some millennials are finally opting for the traditional middle-class lifestyle — but they're piling up a mountain of debt to make it happen.