Generation Broke
n.— «The survey of some 1,500 21- to 35-year old college grads—sometimes referred to as Generation Broke—found this cohort owes an average of $30,000 in student loans; the 3 million students graduating from United States colleges and universities this year carry more than $40 billion in student loans.» —“Daily Policy Digest: Generation Broke” National Center for Policy Analysis June 16, 2006. (source: Double-Tongued Dictionary)