Take a minute now to thank Congress for passing the bipartisan Infrastructure Investment and Jobs Act.
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.
Student loan debt is one of the many factors that impact housing affordability. Want to learn more about this important topic?