February 6, 2019 rummy

One of the most common reasons preventing young Americans from owning a home is student loans. This is not necessarily a bad thing, on the contrary, it’s good to know the millennials know their priorities. Recent studies show that having a bachelor’s degree actually brings up the chance of a person becoming a homeowner. In a recent Forbes article, the author explained that “in just the class of 2017, the average student has about $40,000 in debt – almost enough for a 20% down payment on a median-priced home.” The Federal Reserve set out to determine exactly how much impact…