Wednesday, December 1, 2021 12:52 pm

Student debt may delay homeownership more than 5 years

graduates stutentsBy Clare Trapasso |

Does student loan debt make it harder for most college grads to become homeowners? Here’s a shocker: Yeah, it sure does. Big time.

Those often-immense monthly bills are causing 71% of borrowers to delay buying a home—and more than half of them to put off that dream of homeownership by more than five years in order to save up for that pesky down payment, according to a recent National Association of Realtors® and SALT joint report. SALT is a consumer literacy program run by the nonprofit group American Student Assistance.


Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories