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Student Debt Is Preventing Millennials From Buying Homes, Research Finds

03:34

New research from the Federal Reserve Bank of New York finds that student debt is holding many millennials back from buying homes. According to the study, there has been a drop in home ownership among 28- to 30-year-olds, and more than a third of that decline between 2007 and 2015 is directly related to student debt.

Here & Now's Robin Young talks with Linette Lopez (@lopezlinette) of Business Insider about the research.

This segment aired on July 20, 2017.

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