Student-loan burdens upend the American homeownership dream

Alexandre Tanzi
Bloomberg

A central part of the “American Dream” is to buy a house, pay it off over time and retire with hundreds of thousands of dollars of equity in the home.

Student-loan burdens are upending this scenario, according to a study from the Jain Family Institute that found the rise in student debt has become a major obstacle to purchasing a home -- especially among relatively high-income young borrowers. 

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