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Student Loan Debt and Housing Report

June 13, 2016

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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.