Zoomers, also known as Gen Z, are the “Digital Natives,” making up 32% of the U.S. population as of May of 2020. First, let’s talk about what the name Zoomer actually means. Zoomers are those born in the late 1990s and early 2000s, They are in the 9-24 year-old range, and they immediately follow millennials. Zoomers often joke about having nothing to lose, hence the unfortunate fact that a portion of them carry an exceeding amount of student debt. About 20% of Zoomers say they are indebted. As a Zoomer myself, I can say that student debt is something that is more impactful than I had ever thought it could be.
As a refresher, here is an overview of the generations:
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