Mom and dad didn’t just acquire one into the trust for you? /s

Ya, the article doesn’t seem to be telling much. At most, the bit about which cohorts carry the most debt was kinda interesting. But it’s probably just telling us that the oldest cohort has had long enough to pay off their mortgage with the next two cohorts still paying and the youngest mostly not carrying them. Far more interesting would have been an analysis of unsecured debt. My guess is that the pyramid would be inverted. with the youngest cohort taking it hard and deep from the banks with credit card debt.