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Student loan debts are harming the economy and housing

Boston condos

Boston condos

UPDATE – Here’s yet more on how student loans hurt housing. … Now back to the original post. …

It makes perfect sense: The more debt students take on to pay for college, the less money they’ll have after college to buy other things, like, oh, homes and cars and other big-ticket items.

Now there’s some proof to back up that common-sense conclusion.

And it’ll probably get worse in coming years.

File: Dunce cap (not to be confused with graduation cap)