Exhibit A: Why There Seems to Be No Recovery In the First Time Homebuyer Market

06/11/14 11:12AM EDT

We wanted to take a moment to flag the unstoppable force that is student loan growth in this country. 

Exhibit A: Why There Seems to Be No Recovery In the First Time Homebuyer Market - STUDENT DEBT 

The chart below (taken from the G.19 data) shows the amount of federally-backed student loans sitting on the books of the United States. Currently the figure stands at $775 billion, up $112 billion (+16.9%) in the last 12 months.

For those wondering why there seems to be no recovery in the first time homebuyer market we offer the chart below as "Exhibit A".

Exhibit A: Why There Seems to Be No Recovery In the First Time Homebuyer Market - student loans

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