Relevant:
- Young Professionals With Student Loan Debt - Priced Out Of The Market
- The kids are not looking for more debt -- 40 percent have delayed making a major purchase in a home or car because of student debt
- The broken tassel of American higher education -- College debt defaults bring up questions about repayment structure. Is college even worth the current costs?
- A costly lesson in student debt for young Americans -- 34 percent of all student debt saddled to those under the age of 30
- Young riding out recession by going into debt for college: Millennial unemployment jumps by two percent.
2011-12-12 — doctorhousingbubble.com
"Student loan debt will put a major clamp on future home buyers. First, in 2000 student loan debt made up roughly 2 percent of all household debt. Today it is up to 7 percent. A startling increase. What is hidden in this figure is how much is being taken on by young households, the future pipeline of the first time buyer. Many are coming out with the debt of a new automobile and many others are coming out with a mortgage but with no home. The fact that young adults are doubling up and moving back home shows that the normal sequence of buying a home is being stifled by another bubble in higher education"
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