Not exact matches
Perhaps the biggest
shift of all is Fannie Mae's rework
of cash -
out rules regarding student
loans.
Phasing
out of the federal solar ITC served as a signal and a trigger for them to realign customer financing options with the
shift from third - party solar leases to
loans.
A college degree is now required to qualify for most middle - income positions, but rising tuition costs and a
shift in financial aid away from needs - based grants to
loans has put a post-secondary education
out of reach for most low - income students.
«The rising student
loan debt problem is another consequence
of the housing downturn,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. «As more and more parents face tighter budget restraints as a result
of lower home values, this is forcing an increasing number
of students to take
out loans for tuition, essentially
shifting some
of the burden
of paying for college from parents to students.»
Many people have to take
out a few
of the collateral they have designed over the years having a cash -
out refinance mortgage while some need to
shift from an adaptable rate house
loan to some fixed price mortgage.