Student Loan Debt to Blame for Sluggish Housing Market, Says Fed
January 21, 2019 at 15:00 PM EST
Student loan debt is causing young Americans to put homeownership on the back burner, according to two papers published by the Federal Reserve. This is what the central bank found: Homeownership for adults ages 24 to 32 fell 9% from 2005 to 2014 2% of the 9% decline is due to student debt 400,000...