On Monday NAR and SALT will be co-hosting an industry and press briefing at the NAR D.C. office to release the findings of a new joint study looking at student debt’s impact on homeownership.
The survey takes a look at only student debt borrowers on-time in their repayment and asks them about their housing plans.
The findings (to be released during the event) are quite astonishing. 71% of non-homeowners in repayment said their student debt has delayed their ability to buy, and over half expect to be delayed over five years. A large share are also still living with family because of their debt.
Full results will be released on Monday. Stay tuned!
New NAR Data to Show Delays in Homeownership from Student Loan Debt Borrowers
Event will feature fresh data, perspectives linking student loans with impediments to homeownership
On Monday, June 13, leaders from the National Association of Realtors® and the American Student Assistance’s “SALT” Program will unveil new data showing even on-time student debt borrowers are being delayed in their quest to buying a home.
WHAT: NAR Student Loan Debt and Homeownership Media & Industry Briefing
WHO: Sherri Meadows, NAR vice president
Lawrence Yun, NAR chief economist
Julie Lammers, American Student Assistance/SALT managing director, Consumer Advocacy and Government Relations
WHEN: Monday, June 13 from 10:00 a.m. – 11:00 a.m. EDT (registration begins at 9:30 AM)
WHERE: National Association of Realtors® (12th floor)
500 New Jersey Avenue, NW, Washington, D.C. 20001
This event includes a Q&A session.
Media who RSVP will have early access to the data and embargoed press release. RSVP to Jon Boughtin, firstname.lastname@example.org