Student Loan Debt and Housing Report
Among recent home buyers, one-quarter have student loan debt and the typical amount is $25,000. The share of those with student loan debt rises to 41 percent among first-time home buyers. Even among successful home buyers this amount of debt is cited as a difficulty in their home buying process. To evaluate those trends SALT® and the National Association of REALTORS® teamed up to conduct a survey of student loan borrowers who are current in repayment.