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Student debt is preventing millennials from buying a home – here's what you can do


Student debt is preventing millennials from buying a home – here’s what you can do
By Kelsey Ramirez
article
Student debt continues to rise, and is now working against millennials trying to save up to buy a home. (iStock)
Millennials – individuals who are currently between the ages of 25 and 41 – are the largest population of current home buyers. However, many are still struggling to purchase a home due to the financial burden student debt.
In fact, for every $1,000 in student loan debt, the national homeownership rate is lowered by 1.8 percentage points for those in their mid-20s who attended a four-year public university, ....

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