Yes. They are affected in the sense that they are more likely to report having difficulty in repaying their debts. Obviously, in their case, part of that debt is related to increasingly costly education, which may not yield the same returns as in the past because of the difficulty in finding employment after graduation and stagnant wages, as has already been mentioned.
Another point worth noting about young people, beyond the fact that their income is significantly lower, is that they often report feeling uncomfortable asking questions at financial institutions and not feeling respected. So if we want to talk about consumer protection, financial literacy and that kind of thing, perhaps we should also find ways to help young people feel welcome in financial institutions and comfortable asking questions.