How Student Debt Impacts Homeownership
Many thanks to Satinder Haer of Zillow for contributing this post! -Heather Buying a house is the biggest milestone after graduating college for many people. But if you’re facing a mortgage-sized student loan payment each month, homeownership may feel impossible. One common belief is that student loan debt prevents many from saving for a down payment. However, new numbers show student loan debt might not be a major hindrance to homeownership. As long as you obtain a four-year degree or higher, student debt has a minor impact on your…