Debt+Low Wages = Fewer College Grads Owning Homes

Graduate from college, get a job, and save some money to settle down and buy a house. But that tradition is now blocked by two big hurdles that could prevent many people from owning their own home, according to Bloomberg Businessweek.

College students and graduates are saddled with almost twice as much educational debt as their predecessors a decade ago, a problem compounded by lower wages for young workers. Add the two together, and what you get is a generation of Americans who may be shut out of the housing market, according to a new analysis by Young Invincibles, a community organizing group.

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