FHWA Sees Structural Changes From Millennials’ High Debt

FHWA’s Transportation Futures Team recently issued a task order seeking a contractor to analyze the impact of Millennials’ student loan debt on transportation mode choice. The Team believes there has been a structural shift in VMT that may be due to the impact of high student loan debt on Millennials’ household transportation budgets. It wants to know how student loan debt will affect the next 30-40 years of transportation choice in the United States. Here is FHWA’s take on the changes it sees in VMT.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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