SPOTLIGHT ON STUDENT LOAN DEBT

Student loan debt is holding back Americans from homeownership and disproportionally affects communities of color. According to a poll of recent homeowners, homebuyers of Color were more than twice as likely to have student debt than White homebuyers¹. Policymakers need to provide opportunities for individuals – free from discrimination – to consolidate and refinance debt, while financial education should be expanded.

Keep reading to learn more about how student loan debt affects housing affordability.

1. https://www.businessinsider.com/how-americas-student-debt-crisis-impacts-black-students-2019-7