Getting a college degree and buying a home are two milestones many Americans aspire to. But as student debt skyrockets, the burden can often make homeownership tougher to achieve.
Almost one in four homebuyers this year had student loans, which made it harder for them to save for a down payment and delayed their purchase, according to the 2018 Homebuyer Profile report from the National Association of Realtors given to USA TODAY exclusively. Among buyers rejected for a mortgage from a lender, 40 percent had college debt, the NAR found.
Janna Herron | USA TODAY