Millennials famously made news because their generation borrowed big to finance college, while up to 48 percent had no idea how much they owed, according to a 2014 Brookings study.
The generation after them (Gen Z born 1996 to 2011) seems to be more realistic about college, according to a study by nitrocollege.com.
At least 50 percent of the Gen Z group surveyed could realistically state their first year of earnings out of college. However, like the Millennials, the generation before them, they don't choose their major based on money.
Gen Z, with more than 70 percent having a sibling in college, is acutely aware of student debt and they tend to be financially cautious.
