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Teachers Insurance and Annuity Association Institute and GFLEC Study Finds That Debt and Financial Insecurity Continue to Increase for Millennials
February 26, 2020
NEW YORK, Feb. 26 -- The Teachers Insurance and Annuity Association issued the following news release:

Millennials tend to rely more heavily on debt, engage more frequently in expensive short- and long-term money management behaviors, and display lower financial literacy than older working-age adults, according to a new study released by the TIAA Institute and the George Washington University's Global Financial Literacy Excellence Center (GFLEC ).

"Millennials and . . .

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