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The eCredable blog

The majority of millennials don’t own a home — and many say their student loans are a major reason for that. According to a 2019 survey from Bankrate, 61 percent of millennials don’t yet own a home, and nearly a quarter of them say student loan debt is what’s holding them back.

U.S. student loan debt hit the $1.5 trillion mark earlier this year, but Southerners appear to be shouldering more than their share.