[ChainsawSurgery]

> the aversion to debt isn't occurring very fast considering that outstanding auto load debt is around 886 billion dollars. Credit card debt in 2014 was very similar, with an average of 7k per household.

I can't pull up that data right now, but I remember reading (on here, no less) that most of that auto debt could be attributed to non-millenials.

Credit card debt is an excellent point, though I'm not sure how meaningful per household is in this context (part of the article is pointing out that a decent portion of millenials aren't forming their own households).

Remember that the oldest millenials are still in their early-mid thirties.

> Federal government would be best served

Ah, but there's the rub - a decent amount of this debt is private.