Kelly Peeler | Source | CEO & Founder at Money Mentor

With those debt loads following students for years after graduation, it means 18-year-olds are making one of the biggest financial decisions of their lives. Student loan payments are the crux of the financial identity of Gen Z. There are indications that Gen Z might not be able to own homes in the future. They might not be able to have children to the capacity that millennials did because they are paying $350 per month. For the baby boomers, that was going to their mortgages.