Rising costs of living and
student debt levels suggest that home purchase decisions will be postponed by the young.
Not exact matches
While these studies
suggest that the rising
level of
student debt contributes to the decline in rates of entrepreneurship among young people today, mounting
student debt is unlikely to be the sole cause of low
levels of entrepreneurship among millennials.
Nearly 7 million Americans have gone at least a year without making a payment on their federal
student loans, a high
level of default that
suggests a widening swath of households are unable or unwilling to pay back their school
debt.