Student loan debt is keeping young people from buying homes, Fed study finds

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Home ownership among those in the 24-to-32 group plunged from 45 percent to 36 percent for the period in the Fed survey.

 

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What abou those over 32 who had savings ripped away from the NAFTA onslaugh from 2004-2008. Plus lost homes 2008-2012? ASSHOLES...we haven't even recovered from THOSE yet to buy a fucking home!!!!

Maybe don’t go to a private or out of state school if you can’t afford it for an Art History degree?

newsflash

So I should pay my daughters undergrad loans so she can move into her own home. I then can loan her the down payment? So why did I have kids over puppies?

THEY SHOULD ADD AS EXTRA MONTHLY PAYMENT FOR STUDENT LOAN ABOVE HOUSE MONTHLY PAYMENT.

Ya think?

This is new Where have you been?

Duh!

Student debt is likely the next economic bubble. Many (maybe the majority) will realize that the college experience the 'had to have' will not pay off vs. the amount of debt they racked up to get that experience.

Meanwhile, Colleges & Universities are swimming in cash as tuitions surge every year.

Good news, huh?

that is the point of student loans. Create a massive increase in the budgets of universities to raise salaries. Create an indentured worker class.

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Student debt has kept home ownership out of reach for 400,000 young families, Fed reportsA new Federal Reserve report blames student debt for blocking many young families from owning homes. Avocado toast expenditures were not mentioned. AMERICA, What is MONEY? What is GOLD? WHAT is FIAT CURRENCY? Is Credit DEBT? What is the DIFFERENCE bn money and fiat currency? What is STORE of VALUE means? For answers:please watch the documentary'hidden secrets of money' by Mike MELONY on YouTube. WAKE up AMERICA WWG1WGA! Well maybe they should have got a degree in something that would actually pay off their debt! You people thinking its their fault are ridiculous. I know people who have the highest of degrees but can't get a job in the field they paid thousands of dollars to learn to do so they are forced to still flip burgers. Just bc you have an education a job isn't guaranteed.
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Student debt has prevented hundreds of thousands of millennials from buying homes, Fed saysMounting student debt has weighed on homeownership among young Americans, the Federal Reserve said in a new report. Duh🙄 Without the Fed how would I have known that? 🙄
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Fed Says Student Debt Is Hurting U.S. Housing MarketStudent debt has prevented hundreds of thousands of young Americans from buying a home in recent years and may help explain why many college graduates have moved out of rural areas, the Federal Reserve said. 🤔🤔🤔 Maybe the focus should be on the outrageous tuition rates colleges and Universities are charging these days? maxine just said 1. trillion dollars student debt.
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