WILMINGTON, Del., April 18, 2018 (GLOBE NEWSWIRE) -- Most young adults in America manage their money closely, according to a newly released paper by Navient for Financial Literacy Month. The special report highlights research from Navient's national Money Under 35 study on money management and finds that 3 in 4 young adults, ages 22 to 35, always know how much is in their bank account and check their finances before making a purchase.
“The importance of proactive financial management remains paramount for young adults, whether it’s done online or on paper,” said Julie Wilson, head of research for Navient. “Our findings suggest young adults who track their finances and keep a budget are on the road to superior financial health.”
Key findings from Navient’s special report include:
Navient's Money Under 35 study, conducted in partnership with global research company Ipsos, is based on a survey of more than 3,000 adults aged 22 to 35. The special report and complete Money Under 35 study is available at Navient.com/MoneyUnder35.
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About Navient
Navient (Nasdaq:NAVI) is a leading provider of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. The company helps its clients and millions of Americans achieve financial success through services and support. Headquartered in Wilmington, Delaware, Navient employs team members in western New York, northeastern Pennsylvania, Indiana, Tennessee, Texas, Virginia, Wisconsin and other locations. Learn more at navient.com.
Contact:
Media: Nikki Lavoie, 302-283-4057, nikki.lavoie@navient.com
Customers: 888-272-5543
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