- Millennials are stressing about their credit card and student-loan debt .
- LendingTree recently looked at where millennial debt is rising the fastest in the US.
- While increases in debt can signal financial struggles, it may also be a sign that millennials are increasing their earning power.
- Visit Business Insider's homepage for more stories .
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Millennials are buckling under all kinds of debt .
And they're more stressed about it than other generations, according to an Insider and Morning Consult survey . They're most stressed about their credit card and undergrad student loan debts 51.5% and 28.4% of millennial respondents have each, respectively.
But the decision to take on debt depends on a variety of economic and lifestyle factors: like where you live. To see how millennials' finances are changing, LendingTree recently looked at where millennial debt is rising the fastest in the US.
The analysislooked at datafrom more than 300,000 LendingTree users across the top 101 metropolitan statistical areas in the US, and compared the median or typical millennial's non-mortgage debt from the second quarter of 2018 to the second quarter of 2019. After ranking by the highest percentage change, it found that debt rose in all but two of those metro areas.
That sounds pretty bad. But it could also be a sign that millennials are able to take more debt on as they earn more money, according to the report.
Here are the top 25 metro areas where millennials saw the biggest increases in non-mortgage debt over the past year.
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