I thought large college debt was forcing young Americans to move in with their parents. It is more expensive in a city than it is in rural areas.
The federal government nationalized both the student loan and mortgage markets. That’s on them.
tractors
WellzZach My daughter & her husband have very little student loan debt. Maybe 30,000, but without their degrees they wouldn't have combined salaries of 250,000 in their late 30s. If you achieve you repay.If not you don't repay! What incentive is that? A free education for no ambition!!
Course, inflated house prices might also have something to do with that. In my area, no-one can afford to buy, nothing to do with student debt
Duh!
Have you seen the rate on those loans?
On second thought paying $200k for a Graphics Design B.A want the smartest move. Starting salary for airline mechanics with benefits is $70,000 a year after one year of technical school.
Moved out of rural areas into more expensive city’s?
gee why did congress make it so easy to borrow, and why did the students take the loans. ever hear of common sense and getting a job!
Yeah, probably has nothing to do with the average house costing a quarter million!
Oh really? You don't say? What if employers starting to offer student loan benefits to their young employees so they could finance a house instead refinancing their student loans Learn more at
Glad they finally figured that one out
The unsubstantiated increase in college tuition over the past few decades is scandalous. If college costs had increased commensurately with the rest of the economy, we wouldn’t have this problem or over $1 trillion in student loan debt.
Yup, why buy a house and have bad credit score, from the stress to pay all your bills.
This is a real “emergency” -realDonaldTrump TrumpShutown
Title should Read Lack of Affordable College and Homes preventing hard working young people from going to college, buying a home, or paying off their personal debts.
That's why I never finished my so called education but it never stopped me from earning power. If you can afford it, go for it. I saw it from around the corner.
The cities then turn around and keep trying to improve their downtowns by building condominiums- which are way too expensive for young Americans. So where do they end up? 🤦♀️
“Prevented” And here I thought paying triple payments, to pay off my student loan quick, was so I could then buy a house. Little did I know, I was being “prevented”...
Massive debt preventing people from buying expensive things is not a headline.
TedNesi It is crippling every aspect of life
Could part of it also be they’re majoring in fields with no high paying jobs or futures!
But SecBetsyDeVosED has how many yachts? GinnyMac55 HallieJackson Lawrence GOPChairwoman GOP AuthorKimberley SRuhle benshapiro KatyTurNBC maramcewin maddow MollyJongFast
Short supply of “starter homes” at reasonable prices is keeping those without debt out of the market in the South.
Who knew crippling student loan payments prevented people from buying a house. Wow thanks federalreserve for that insight.
During the 'GREAT RECCESION' education and easy student loans sky rocketed as it was actually pushed by government and for profit colleges. Now these students are paying the price for a racket endorsed by the government.
If you don't take out a student loan to get a worthless degree from some random four year institution, you don't need to deal with this problem.
Maybe the focus should be on the outrageous tuition rates colleges and Universities are charging these days?
maxine just said 1. trillion dollars student debt.
Racking up student debt is completely voluntary and mostly unnecessary as we have the best market for job seekers in 50 years right now.
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