“Say good-bye to student debt, or wait…not yet”
Late night early mornings, fun football games, pizza coupons on the fridge and a bill on the counter, just may be one of the regular routines for college students. There’s always anticipation prior to opening an envelope or email, so before you open it, read this. Wall Street firm Black Rock has found an easy argument to fight for hardworking college students with a debt and the real estate by killing two birds with one stone. A translation for multitasking and taking care of business and so happen Black Rock has found a solution.
Opposing View: Will this policy eventually balance out the real estate companies or tarnish ownership morality?
Mark Kantrowitz, an expert on college and financing and Publisher of Edvisors.com states, “The arguments that student loan debt causes a decline in first mortgage rates are extremely weak,”. He said it’s more likely that first mortgage rates are being dragged down by the sluggish economy.
“The solution to helping someone with too much debt isn’t to let them put on more debt,” Kantrowitz said.
Discovering, millennials are more prone to moving at a slow pace when it comes to buying homes but in fact there’s one major reason why and that’s DEBT! Black Rock researchers show there are approximately seven million students in the US alone that’ll be eligible to be FHA approved, but unfortunately burned with students loans. Here on, “Cache Talks..” we believe this can be a very debatable subject giving the fact that everyone has responsibilities and with actions follows consequences. Nevertheless the most valuable decision will be to help out our future generation. The investment will not only satisfy the real estate but it will also bring a return on investment (ROI) within people lives and wall street.