Young People Have More Credit Card Debt Than Generations Before - kcentv.com - KCEN HD - Waco, Temple, and Killeen

(KCEN) -- Parents, listen up. A new study from Ohio State University says that today, young people have far more credit card debt than their parents or grandparents did at their age.

That's because not only is credit easier to get, but there is more temptation to spend it.

And paying off those bills isn't easy for a recent grad.

The study also found younger people are quicker to get into debt, and they're also slower to pay it off.