Those with Bachelor’s Degrees more likely to own home, study says

By Zoe Eisenberg | RISMedia

While it’s no news that having a college education can bring in higher wages, a new study shows that continued education may make you more likely to become a homeowner by age 30.

Recent findings from the Federal Reserve Bank of New York show that those with an education level of bachelor’s degree or higher are more likely to own a home by 30—regardless of their student debt situation. Earlier studies have repeatedly shown that student debt impacts the homeownership rate, so this new information is positive for hopeful would-be homeowners who feel buried under their student loans.

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