Skip to main content

Student Loan Debt Is Keeping Millennials From Buying Real Estate

Student Loan Debt Is Beginning To Affect The Housing Market As Millennials Hold Off Buying Real Estate

Student Loan Debt

Student loan debt is starting to affect the housing market and that should be no surprise. Millennials are reluctant to buy their first home until they finish paying off their student loan debt.

A National Association of Realtors report finds that 83% of Millennials cite student loan debt as the reason.

Almost 30% of the Millennials who do own a home say their student debt prevents them from selling. Among first-time home buyers, 40 percent still have student loans.

Millennials on average owe $41,000 in student loan debt. The survey also shows that half of the millennials surveyed say they delayed a major life event due to their debt. The total American student debt load is over $1.4 trillion. The median annual income of the respondents was $38,000.

Read more here

Check us out on Facebook at Fight Student Loan Debt

Or Check Us Out on The Web at Student Loan Debt Collection Defense

Comments

  1. Dr Purva PiusMarch 8, 2019 at 2:03 AM

    Do not use all of these Private Money Lender here.They are located in Nigeria, Ghana Turkey, France and Israel.My name is Mrs.Ramirez Cecilia, I am from Philippines. Have you been looking for a loan?Do you need an urgent personal or business loan?contact Fast Legitimate Loan Approval he help me with a loan of $78.000 some days ago after been scammed of $19,000 from a woman claiming to be a loan lender from Nigeria but i thank God today that i got my loan worth $78.000.Feel free to contact the company for a genuine financial call/whats-App Contact Number +918929509036 Email:(fastloanoffer34@gmail.com)

    ReplyDelete

Post a Comment

Popular posts from this blog

Student Loan Debt Statistics for 2017 Are Shocking

Student Loan Debt Statistics for 2017 Show Americans Are Burdened With Record-Breaking Student Loan Debt  Student loan debt statistics show 44 million Americans owe over $1.4 trillion in student loan debt. The total debt is also more than double the $620 billion Americans owe on  credit card debt . A Class of 2016 graduate has roughly $37,172 in student loan debt. This is a six percent increase from last year. General Student Loan Debt Facts First of all, let’s start with a general picture of the student loan debt landscape. The most recent reports indicate there is: $1.44 trillion in total U.S. student loan debt 44.2 million Americans with student loan debt Student loan delinquency rate of 11.2% (90+ days delinquent or in default) Average monthly student loan payment (for borrower aged 20 to 30 years): $351 Median monthly student loan payment (for borrower aged 20 to 30 years): $203 (Data via  federalreserve.gov , newyorkfed.org  here ,  here  and  here  and clevela
2 comments
Read more

Student Loan Debt Forgiveness May Be History In Trump Budget

Billionaire Trust Fund Baby Turned Secretary of Education Betsy DeVos Wants To Eliminate Student Loan Debt Forgiveness Donald Trump may eliminate Student Loan Debt Forgiveness in his first budget. Secretary of Education Betsy DeVos has also publicly stated she strongly favors eliminating the Student Loan Debt Forgiveness plan. In addition, Betsy DeVos has failed to state how she plans to deal with federal student loans in the future.  Reports as of last May are that Trump and DeVos’ initial education budget will seek to eliminate the Student Loan Debt Forgiveness program. This would cost student loan borrowers billions of dollars. Yet, it would reap millions of dollars for the DeVos family. The DeVoses hold a sizeable stake in several student loan providers. Trump and DeVos also want to eliminate over $700 million in Perkins Loans and massively reduce work-study programs. Read more here Check us out on Facebook at Fight Student Loan Debt Or Check Us Out on Th
1 comment
Read more