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Young Bostonians Struggle with Debt, Cost of Living

  • Many young people have significant student loan and credit card debt that prevents them from saving
  • Some young people hope President Biden's student loan forgiveness program will relieve their debt burden
  • Despite their debt, Gen Z is trying to start saving for the future earlier than previous generations
  • The high cost of living in Boston makes it difficult for young people to save money or pay off debt
  • Some young Bostonians are considering moving away from the city due to its expense
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