Student Loan Debt Delaying Home Purchases
First-time home buyers and millennials are having a pretty difficult time keeping pace in the current housing market, and student loan debt is a significant part of the problem. The National Association of Realtors and American Student Assistance study, Student Loan Debt and Housing Report for 2017, provides a number of interesting examples of how debt is keeping home purchase activity subdued. The study The amount of student loans in the United States now exceeds $1.45 trillion, and the growth shows no signs of slowing. One of the more interesting findings of the study is [...]