{"id":3537,"date":"2017-04-17T00:00:00","date_gmt":"2017-04-17T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/court-college-grads-heres-why\/"},"modified":"2017-04-17T00:00:00","modified_gmt":"2017-04-17T00:00:00","slug":"court-college-grads-heres-why","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/court-college-grads-heres-why\/","title":{"rendered":"Court College Grads: Here\u2019s Why"},"content":{"rendered":"

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Americans with an education level of bachelor\u2019s degree or higher are more likely to own a home by age 30, according to a new study from the Federal Reserve Bank of New York. That’s regardless of their student debt situation too, the study finds.<\/p>\n

Researchers who tracked college attendance and homeownership rate by age for those born between 1980 and 1986 concluded that college graduation is associated with higher homeownership rates. By age 33, the homeownership rate for those who did not attend college trails about two years behind those who did attend college with debt but did not graduate, the study showed.<\/p>\n

\u201cPast research has not been able to disentangle how different types of educational attainment and student debt interact to impact the likelihood of owning a home,\u201d according to a blog post at Liberty Street Economics.\u00a0\u201cBecause we observe not only whether an individual owes student debt and has attended college but also graduation status, level of degree obtained, and homeownership status, we are able to further disentangle the relationship between different education levels and homeownership.\u201d<\/p>\n

Yet, the amount of student debt a person has is related to homeownership rates, the study concluded. Americans carrying more than $25,000 of debt are less likely to own a home than those with smaller debt numbers.<\/p>\n

Source: \u201cThose With Bachelor\u2019s Degree More Likely to Own Home, Study Says,\u201d RISMedia (April 16, 2017) and \u201cDiplomas to Doorsteps: Education, Student Debt, and Homeownership,\u201d Liberty Street Economics (April 3, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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Americans with an education level of bachelor\u2019s degree or higher are more likely to own a … Court College Grads: Here\u2019s Why<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3538,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[518,12908,543,3051,627,1007,41,818],"class_list":["post-3537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-america","tag-home","tag-home-buying-guide","tag-homeowner","tag-homeowners","tag-owners","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/JOoCCaj7OSg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":4458,"url":"https:\/\/amazingproperty.com.ng\/blog\/college-grads-could-get-homebuying-help\/","url_meta":{"origin":3537,"position":0},"title":"College Grads Could Get Homebuying Help","author":"Amazing Property","date":"May 8, 2017","format":false,"excerpt":"Several states are offering homeownership assistance programs to recent college grads that may help them receive thousands of dollars toward the purchase of a home. In New York, Gov. Andrew Cuomo recently announced the \"Graduate to Homeownership\" program, which provides assistance to first-time buyers who have graduated in the past\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4931,"url":"https:\/\/amazingproperty.com.ng\/blog\/12m-new-households-1m-fewer-homeowners\/","url_meta":{"origin":3537,"position":1},"title":"12M New Households, 1M Fewer Homeowners","author":"Amazing Property","date":"June 12, 2017","format":false,"excerpt":"[ad_1] NAR President William E. Brown, left, and UC-Berkeley economist Ken Rosen discussed solutions that will increase the homeownership rate and bolster the national economy. What will it take to make homeownership a national priority? Despite the addition of about 11.8 million households between 2006 and 2016, there are roughly\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/NAR_Bill_Ken.jpg?fit=620%2C396&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/NAR_Bill_Ken.jpg?fit=620%2C396&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/NAR_Bill_Ken.jpg?fit=620%2C396&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":663,"url":"https:\/\/amazingproperty.com.ng\/blog\/is-this-the-new-normal-for-homeownership\/","url_meta":{"origin":3537,"position":2},"title":"Is This the New Normal for Homeownership?","author":"Amazing Property","date":"February 7, 2017","format":false,"excerpt":"The homeownership rate is on the decline again. The latest numbers reflecting the fourth quarter of 2016 show the homeownership rate fell from 63.8 percent a year earlier to 63.7 percent, the Census Bureau reported. While the drop may seem slight, it reflects an overall trend for homeownership in the\u2026","rel":"","context":"In "Property owner"","block_context":{"text":"Property owner","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/property-owner\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4605,"url":"https:\/\/amazingproperty.com.ng\/blog\/which-college-degrees-make-you-a-homeowner-faster\/","url_meta":{"origin":3537,"position":3},"title":"Which College Degrees Make You a Homeowner Faster?","author":"Amazing Property","date":"May 18, 2017","format":false,"excerpt":"[ad_1] Engineering college majors can become homeowners in the shortest amount of time compared with those who earned other college degrees, according to a realtor.com\u00ae analysis. Read more: Court College Grads: Here's Why Engineering majors become homeowners, on average, in 2.6 years following graduation. Petroleum engineering majors earn a starting\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/realtor.com%20chart%20degrees.png?fit=748%2C692&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/realtor.com%20chart%20degrees.png?fit=748%2C692&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/realtor.com%20chart%20degrees.png?fit=748%2C692&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/realtor.com%20chart%20degrees.png?fit=748%2C692&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6277,"url":"https:\/\/amazingproperty.com.ng\/blog\/student-debt-forces-7-year-homebuying-delay\/","url_meta":{"origin":3537,"position":4},"title":"Student Debt Forces 7-Year Homebuying Delay","author":"Amazing Property","date":"September 18, 2017","format":false,"excerpt":"Young adults strapped with student debt are delaying buying a home an average of seven years, according to a joint study by the National Association of REALTORS\u00ae and American Student Assistance released Monday. The average student debt load among survey respondents\u2014who are millennials between the ages of 22 and 35\u2014is\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31792,"url":"https:\/\/amazingproperty.com.ng\/blog\/black-homeownership-remains-disparately-low\/","url_meta":{"origin":3537,"position":5},"title":"Black Homeownership Remains Disparately Low","author":"Amazing Property","date":"March 1, 2022","format":false,"excerpt":"\u00a0 Black homeownership continues to lag and has fallen to a lower level than it was a decade ago. The U.S. homeownership rate has posted its highest annual rise on record, reaching 65.5% in 2020, 1.3 percentage points over the year before. 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