The average student loan debt loads are not enough by themselves to prevent graduates in almost the entire country from purchasing a home, according to RealtyTrac, a real estate data firm.
Ninety-six percent of U.S. housing markets remain affordable for recent university graduates who make at least the median household income for their areas, RealtyTrac discovered.
"Contrary to much rampant speculation that student loan debt is holding back homeownership among recent graduates, we found that the vast majority of markets are affordable for recent graduates making the median household income – even many of those recent graduates with student loans," said Daren Blomquist, vice president at RealtyTrac.
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