 TITLE: Millennial Auto Debt Is Growing Faster Than Other Generations’ CONTENT: Millennials in Michigan Have Lowest Average Auto Debt\n-----------------------------------------------------\nMichigan millennial consumers hold the lowest average auto loan balances among states, according to Experian data, at $13,768. That's 28% lower than the national average and 24% lower than the U.S. average among just millennials. Michigan is also the state with the lowest average auto loan debt across all generations.\nThe other states where millennials have the lowest auto loan balances are also states where consumers across all generations carried the lowest average auto debt in Q2 2019.\n\\*Source: Experian Q2 2019 data END