Hollis Johnson/Business Insider; Samantha Lee/Business Insider
- Business Insider Intelligence surveyed 2,007 US millennials, those born between 1982 and 2000, in November for the "Master Your Money: Learn & Plan Survey."
- From a sample of 1,219, the survey found that only 20.7% of them understood the terms and policies of their student loans. Only 26% of respondents understood the conditions somewhat well and 11% understood them not at all well.
- To help with the confusion around financial terms, Business Insider created a handy resource full of financial terms millennials should know during their financial journeys. As part of Master your Money, we'll update this glossary as the series progresses.
- This article is part of a series focused on millennial financial empowerment, Master Your Money.
