7 years ago
Student Debt Delays Millennials' Home Purchases by Seven Years
The typical student debt load for millennials in the U.S. is $41,200, surpassing their median annual income of $38,800. One impact of that burden: first-time home purchases are being delayed by seven years. That’s according to survey results released Monday by the National Association of Realtors and the nonprofit group American Student Assistance.
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