We should buy property. But you’re worried you won’t qualify for a mortgage because of your own student loan financial obligation. You’re not alone. 1 / 2 of non-homeowners (51%) state education loan debt was slowing down all of them off buying a home, according to a survey on Federal Association out-of Real estate professionals . You to count jumps to sixty% to possess millennials.

The fresh numbers share with an unsightly story regarding a production purchasing their studies long after graduation. As a result, they might be having to generate difficult existence options for age. The typical social scholar borrows $29,000 during the figuratively speaking to get a bachelor’s degree, depending on the Degree Studies Step. Continue reading →