For the first time in ten years, 30-year-olds with a history of student debt are less likely to buy homes and cars than their debtless counterparts. Or in other words, a college degree, while offering a potential career boost, may be holding the young back from acquiring other major markers of adulthood.
Is student debt a driving factor in the declining ownership rate among 30-year olds? Does the group attach less value to ownership or are they merely delaying ownership?
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