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Download full textBlagg, Kristin; Choi, Jung Hyun; Baum, Sandy; Cohn, Jason; Reynolds, Liam; Terrones, Fanny; Young, Caitlin – Urban Institute, 2022
Research finds a weak causal relationship between student loan debt and homeownership. Still, less access to generational wealth among young Black adults is a root cause of higher student debt burden and a substantial barrier to accessing homeownership. The inability to repay debt, or to build wealth through homeownership, in turn, contributes to…
Descriptors: Blacks, African Americans, Debt (Financial), Student Loan Programs
