New York Fed President William Dudley said that any increase in delinquencies among student borrowers would diminish their creditworthiness — and their ability to qualify for home loans in the future.
More Evidence that Rising Student Debt is Bad for Lenders
April 3, 2017
New research from the New York Fed confirms a lingering concern: More prime-age, college-educated borrowers are delaying the decision to buy a home or make other purchases as they focus instead on paying off their student loans.
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