Student loan debt is keeping young people from buying homes, Fed study finds

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Home ownership among those in the 24-to-32 group plunged from 45 percent to 36 percent for the period in the Fed survey.

Source: Education Headlines (educationheadlines.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What abou those over 32 who had savings ripped away from the NAFTA onslaugh from 2004-2008. Plus lost homes 2008-2012? ASSHOLES...we haven't even recovered from THOSE yet to buy a fucking home!!!!

Maybe don’t go to a private or out of state school if you can’t afford it for an Art History degree?

newsflash

So I should pay my daughters undergrad loans so she can move into her own home. I then can loan her the down payment? So why did I have kids over puppies?

THEY SHOULD ADD AS EXTRA MONTHLY PAYMENT FOR STUDENT LOAN ABOVE HOUSE MONTHLY PAYMENT.

Ya think?

This is new Where have you been?

Duh!

Student debt is likely the next economic bubble. Many (maybe the majority) will realize that the college experience the 'had to have' will not pay off vs. the amount of debt they racked up to get that experience.

Meanwhile, Colleges & Universities are swimming in cash as tuitions surge every year.

Good news, huh?

that is the point of student loans. Create a massive increase in the budgets of universities to raise salaries. Create an indentured worker class.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Student debt has kept home ownership out of reach for 400,000 young families, Fed reportsA new Federal Reserve report blames student debt for blocking many young families from owning homes. Avocado toast expenditures were not mentioned. AMERICA, What is MONEY? What is GOLD? WHAT is FIAT CURRENCY? Is Credit DEBT? What is the DIFFERENCE bn money and fiat currency? What is STORE of VALUE means? For answers:please watch the documentary'hidden secrets of money' by Mike MELONY on YouTube. WAKE up AMERICA WWG1WGA! Well maybe they should have got a degree in something that would actually pay off their debt! You people thinking its their fault are ridiculous. I know people who have the highest of degrees but can't get a job in the field they paid thousands of dollars to learn to do so they are forced to still flip burgers. Just bc you have an education a job isn't guaranteed.
Source: washingtonpost - 🏆 95. / 72 Read more »

Student debt has prevented hundreds of thousands of millennials from buying homes, Fed saysMounting student debt has weighed on homeownership among young Americans, the Federal Reserve said in a new report. Duh🙄 Without the Fed how would I have known that? 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »

Fed Says Student Debt Is Hurting U.S. Housing MarketStudent debt has prevented hundreds of thousands of young Americans from buying a home in recent years and may help explain why many college graduates have moved out of rural areas, the Federal Reserve said. 🤔🤔🤔 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.
Source: WSJ - 🏆 98. / 63 Read more »

The Fed must act independently of politics, says Sen. MoranSen. Jerry Moran said that the Fed's 'decisions need to be made based upon economic analysis, not on oversupply of political influence.' He added that we need short and longterm economic policy that's not based on 'how it effects the next election.' This is going to make an AMAZING movie one day. Seriously.
Source: CNBC - 🏆 12. / 72 Read more »

Cnbc @CNBCWATCH: Fed Chair Jerome Powell addresses the Economic Club of New York in a panel talk. The wall says Economic Club of Washington D.C. Does Rubinstein think he’s funny? He is be careful about everything and too Smart team
Source: CNBC - 🏆 12. / 72 Read more »

Fed's Jerome Powell is not bothered by Trump's criticismFed Chair Jerome Powell sits down with David Rubenstein at The Economic Club of Washington to discuss President Trump's comments attacking the Fed, the state of the U.S. economy and what the plan for the Fed is. And he's lying. Probably does what I did long ago....blocked trumps twitter acct....which even blocks retweeted trump tweets. Its brilliant!
Source: CNBC - 🏆 12. / 72 Read more »

Fed Chairman Powell says he is 'very worried' about growing amount of U.S. debt'I'm very worried about it.' Fed chair Jerome Powell said that he is concerned about the ballooning debt in the U.S. 'It's a long-run issue that we definitely need to face, and ultimately, will have no choice but to face.' CNBC Wait it's not over especially when Trump calls for an Emergency for the Wall Get Rid of this S.O.B. as people have had enough of him and we are going to be in trouble or don't you hear what I am saying CNBC Ruth, you did good.. Time for Trump to appoint another SCOTUS justice... CNBC We can right the ship if we get rid of the borrow and spend Republicans and this flim flam orange clown who is selling America some swamp land.
Source: CNBC - 🏆 12. / 72 Read more »

Fed's Bullard: Fed should moderate normalization campaignSt. Louis Fed President James Bullard said that the Fed will miss its inflation target in 2019 and over the next five years. He also said that a further global growth slowdown is 'tangible.' English -Bullard thinks recession is coming soon So you’re telling me that Powell was wrong again for raising rates? That fool hasn’t been close to getting anything right hasn’t he 🤷🏽‍♂️
Source: CNBC - 🏆 12. / 72 Read more »

Fed Chairman Powell says he is 'very worried' about growing amount of US debt'I'm very worried about it.' Fed chair Jerome Powell said yesterday that he is concerned about the ballooning debt in the U.S. 'It's a long-run issue that we definitely need to face, and ultimately, will have no choice but to face.' So cut taxes some more Can you show documentation of his debt concerns over last 20 years ? Where was he when Obama doubled the debt?
Source: CNBC - 🏆 12. / 72 Read more »

Thousands of Gulf Arabs are abandoning their homelandThe case of 18-year-old Rahaf Muhammad drew global attention. But thousands of Gulf Arabs have been fleeing Everyone wants to go to the Catholic countries! Come to India Nobody is bound to stick with Social or Religious restrictions. Islam is strictly against it, 'There is no compulsion in Religion.' Whosoever wants to quit his religion and society, let him/her be. Nobody will be held accountable for others deeds but himself, alone.
Source: TheEconomist - 🏆 6. / 92 Read more »