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)