By Josh Mitchell | The Wall Street Journal
Rachael Heffner, like many Americans, has long had a dream of owning her own home. But the college graduate also has a much newer problem blocking her way: a $691 monthly payment to service her nearly $60,000 in student loans.
Homeownership among Americans under age 35 hit the lowest level on record earlier this year, just as indebtedness among college grads notched a new high. That has stirred debate among economists and policy makers over whether the two forces are related: that high student debt is driving the fall in home buying among the young and harming the U.S. economy.
