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Student Loan Debt

Could IRS Ruling Quicken Pace Of Homeownership For Student Loan Holders?

By Jon Anderson / September 11, 2018 / 1 Comment

In Texas, the average debt is $26,292 and 56 percent of residents hold student loan debt. But one company found a way to make it go away faster. In 1995, about a quarter of adults aged 20-29 had student loan debt. In 2016, it had increased to 47 percent. The percentage who had less than […]

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debt

How Much Debt Does the Average Dallas County Resident Carry?

By Bethany Erickson / April 18, 2018 / 2 Comments

A look at student loan and medical debt across the nation reveals that how much debt a person carried boils down to quite a bit — especially when it comes to race. And that debt has become one of the top five barriers to homeownership. The Urban Institute’s study of debt — specifically, student loans […]

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Minorities, Young People Hardest Hit by Recession, Showing Lowest Levels of Homeownership Today

By Leah Shafer / August 24, 2016 / 3 Comments

The economic recession of 2007-2009 affected most Americans in depressingly real and tangible ways. Two groups of Americans are disproportionately affected, still, by the downturn. A new study by Apartment List shows that the economic downturn had the greatest impact on homeownership among minorities and young Americans aged 18-45, particularly those in the 35-44 age range. Analysts at Apartment List, […]

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Education, Not Debt, is What’s Dragging Homeownership Rates Down

By Jon Anderson / May 23, 2016 / 1 Comment

Long ago I was told that it’s more lucrative to be paid to think than to do. Turns out that piece of advice is true on many levels that intersect with homeownership. Several years ago, the Federal Reserve Bank of New York released data that seemed to say that student loan debt was dragging down […]

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Wanna Build Wealth? Dallas, Houston Make Top 10 List for Best Cities Nationally

By Leah Shafer / November 2, 2015 / 0 Comments

Everything’s bigger in Texas, including our ability to build wealth. That’s according to a new study by Bankrate that surveyed the the 18 largest metro areas in the U.S. according to how strong of an environment they provide for making and saving money. Houston ranked No. 1, and Dallas ranked No. 6. The rankings were created […]

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Only 20% of 27-year-old Americans Own Their Home, 22% Live With Their Parents

By Joanna England / January 30, 2014 / 6 Comments

Talk about an eye-opener. This story from the Atlantic’s Jordan Weissman takes a look at a recent study from the U.S. Department of Education analyzing where a group of 27-year-olds are today. The study found that today’s 27 year olds are educated, in debt, and living with their parents. To us, the most interesting finding […]

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