|Student debt holds back many would-be home buyers|
|News - St Augustine Area & St Johns County|
Sarah Luna wants to buy a home in up-and-coming northeast Los Angeles before itís too late.
At 31, she has a masterís degree and earns more than $70,000 as a court reporter and freelance editor. She daydreams about trading the Glendale, Calif., apartment she shares for a little condo, maybe in Echo Park or Highland Park.
Just one thing holds her back: The $700 sheís paid every month since 2008, after she graduated from the University of Southern California _ with $75,000 in student debt. With about half that total left to pay, buying that condo seems a long way off.
Read entire article: Student debt holds back many would-be home buyers