3min chapter

Open to Debate cover image

Should We Forgive Student Debt?

Open to Debate

CHAPTER

The Housing Market Is a Central Piece of Our Economy

The housing market is a central piece of our economy, and if people can't participate in that fully, we are all impacted. It affects their ability to get at home. They can't save for a down payment. And it also means that that money is determining their debt to income ratio when they want to qualify for a mortgage. Soandad: Does it come down to the fact that this is really, really individual, or is there a general statement to be made? 56 % of people who graduate from college have student lones. The average payment is about 300 dollars a month. For somebody who's poor, that's really bad. But it's also true, if you go

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