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More data on student debt and home ownership

The Federal Reserve Bank of New York, tireless chroniclers of the growth and impact of student debt, released new data this week showing that 30-year-olds with student debt are still less likely to have mortgage debt than 30-year-olds without.


There's an argument to be made that 2003 through 2010 were outliers in longer story of debt and home ownership. And at Slate, Jordan Weissmann points to a Fed report from the end of 2012 showing that borrowers who were current on their debt were actually more likely to take out a mortgage. It's borrowers behind on their payments who are holding back housing.