Rapidly Rising Student Debt Keeps Millions from Homeownership
Pro Builder
APRIL 6, 2021
Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. As a result, homeownership rates among 28 to 34 year olds are dwindling, decreasing from 60% in 2007 to 49% in 2020, according to Zillow.
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