Zillow wanted to find out whether student loans make homeownership less likely. If you’re paying off your degree and dreaming about your first home, there’s good news!

1. Will My Student Debt Keep
Me from Owning a Home?
By Zillow

2. Zillow wanted to find out
if student loans are limiting
homeownership.

3. Having a lot of student debt doesn’t greatly reduce
your chances of owning a home.
There’s good news!

4. you must graduate!
But…

5. and at least one of them has a bachelor’s degree…
Let’s say a married couple has
$30,000 in student debt

6. Their chances of homeownership are
67.7%.

7. Their odds of homeownership increase slightly to 69.8%.
What if they didn’t have
any student debt?

8. The least likely homeowners
are those with student debt, but no degree.
Their odds drop to less than 40%.

9. The most likely homeowners are graduates
with advanced degrees,
even if they racked up a ton of debt.

10. Student debt has the
greatest impact on those with
associate degrees.

11. A couple with associate degrees
and $50,000 in student debt
will own their home only
57% of the time.

12. If that same couple had no debt,
their homeownership odds
increase to 70%.

13. As long as you graduate, student debt won’t significantly hurt
your odds of owning a home.
So…

14. Go for a bachelor’s, master’s or doctorate degree
if you want to increase your chances
of owning your dream home.

15. Check out Zillow Research or Tweet us @Zillow
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