 TITLE: What Generation’s Debt Changed the Most in the Last Year? CONTENT: Student Loan Balances Increased Across All Generations\n------------------------------------------------------\nRegardless of whether a given generation saw an overall decrease in total debt figures, average student loan debt still increased, according to Experian data. For both baby boomers and members of the silent generation—who saw a 3% decrease in total debt—student loan balances increased 6.5% and 4.1%.\nMembers of Generation Z had the largest increase in student loan debt, growing a little over 38% since 2017. Their average student loan debt grew from $10,203 to $14,119 in the span of 12 months. Millennials saw the second-highest spike, growing their average student loan debt by 7.9% to $34,770, a $2,531 increase from $32,239 in 2017. END