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Student Debt Report.pdf

2017-student-loan-debt-and-housing-09-26-2017.pdf

🔗 Source: nar.realtor

📊 Size: 2.13 MB

👤 Author: Ariggs

⬇️ Downloads: 63

Summary

The US has $1.4 trillion in student debt, 10% of all outstanding debt and 35% of non-housing debt, which is impacting homeownership rates, especially among younger generations. A survey of student loan borrowers found 79% received loans from a 4-year college, 32% had defaulted or forbore on loans in the past, and 83% of non-homeowners cite student loan debt as a factor delaying them from buying a home. The median student loan debt is $41,200, and 28% of borrowers say student debt is impacting their ability to sell their existing home and move.

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Description

The US has $1.4 trillion in student debt, 10% of all outstanding debt and 35% of non-housing debt, which is impacting homeownership rates, especially among...

Technical Information

File Format: PDF
File Size: 2.13 MB
Pages: 34
Language: EN
Author: Ariggs
Total Downloads: 63
Last Updated: 1 week ago

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