Jumping The Student Debt Hurdle

National Mortgage Professional, March 8, 2025-Lew Sichelman
There has been an upward trend in educational borrowing over the past several decades, according to the Federal Reserve, to the point where four in every 10 people who attended college incurred at least some debt to pay for their schooling. Of those, 20 percent still owe money, some more than $100,000.

For many borrowers, student debt has delayed their ability to buy a house. But for others, their debt has all but prevented them from joining the ranks of home owners. Still, a study by First American economist Sam Williamson finds that Millennials, the most educated population cohort ever, are “well positioned” to drive housing demand going forward.
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