The Fed says student debt has prevented 400,000 young Americans from buying homes and may help explain why many college graduates have moved out of rural areas
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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.
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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.
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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.
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