No they don’t have more debt. DH and I are responsible millenials. child care costs - I have two kids, 2 years apart. For about 4 years, I was paying $4000/month in child care costs (daycare, nanny would have been more). Between that and rent, we couldn’t save anything. we live simply, only spend on vacations to see our parents in the midwest, I cook most meals, other cost savings. Many millienails I know do the same.
I do hate these gross generalizations. we both have amazing parents who don’t have the extra cash to help us purchase, and were only able to as stock from my husband’s startup cashed out, after 5 long years of working for less than market salary (i.e good salary, but non-FAANG). If you have a rich parents, eh, might as well use their help if they are offering.