The worries are exaggerated: Only 7% of young adults with student debt have $50,000 or more. http://t.co/Aavawc8KpC
— David Leonhardt (@DLeonhardt) June 24, 2014
Doesn't that sound like a fact? Well, it's something that might be a fact.
The Brookings Institute Institution (!!!) is here to tell you that the whole fable of debt-panicked young people in America is a lie! And their study comes complete with a huge announcement in the New York Times, which puts a rather snide slant on the whole thing. It's all in your head, millennials! "Only 7 percent of young-adult households with education debt have $50,000 or more of it," [...]