New Data Shows How Student Loans and High Rent Impact Homeownership
Student loan debt and high rent prices continue to burden the homeownership outlook, according to data from the fourth annual housing survey from NeighborWorks America. The national telephone survey found nearly one-third (30 percent) of Americans know someone who has delayed the purchase of a home because of student loan debt, up from 28 percent in 2015 and just 24 percent in 2014. More than half (53 percent) of potential homebuyers with student loan debt said the debt was somewhat or very much
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