New Freddie Mac Student Loan Guidelines Could Make It Easier to Qualify for a Mortgage – ZING Blog by Quicken Loans
Inflation is a fact of life. I’m sure our grandparents didn’t expect to pay $0.50 for a gallon of gas forever. Still, the cost of some things seems to be rising faster than others. College tuition is one of those things.
Student loan debt is up 302% since 2004, because of the rising costs of getting a degree, according to ValuePenguin. The average student loan debt is $32,731, according to the most recent available data. The median debt isn’t as bad, at $17,000, but it’s still enough that some young people have delayed getting a place of their own.
Freddie Mac, one […] Read more