According to a new study published by researchers from the Brookings Institution, Harvard’s Kennedy School of Government, and Johns Hopkins University, Millennials are at a distinct disadvantage when it comes to retirement savings.

While, as a group, Millennials are far more educated than any other generation in history, they also possess more student debt than previous generations. The overwhelming burden of student loans and a rocky economy when many were graduating college has led to lower net-worth value and a hesitancy to contribute to retirement savings programs (should they be available through their employer).

To read the full report,click here. To read MarketWatch’s summary of the report,click here.