[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2vuik8v4945zk":3,"$ffeh0925h8cuz":38,"$fbwk2pqjjqsc7":42},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":24,"updatedAt":25},717,"student-loans-higher-credit-scores","Student Loans = Higher Credit Scores","According to a \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fblog\u002Fauthors\u002Fjianjun-xie\u002F2016\u002F10\u002Feffects-of-student-loan-debt-on-millennial-renters-creditworthiness.aspx#.WFG8SKIrJE4\">recent analysis\u003C\u002Fa> by \u003Cem>CoreLogic\u003C\u002Fem>, Millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F12\u002F15112853\u002F20161221-Share-STM.jpg","According to a \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fblog\u002Fauthors\u002Fjianjun-xie\u002F2016\u002F10\u002Feffects-of-student-loan-debt-on-millennial-renters-creditworthiness.aspx#.WFG8SKIrJE4\">recent analysis\u003C\u002Fa> by \u003Cem>CoreLogic\u003C\u002Fem>, Millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans.\u003C!--more-->\r\n\r\nThis may come as a surprise, as there is so much talk about student loans burdening Millennials and holding them back from many milestones that previous generations have been able to achieve (i.e. homeownership, investing for retirement).\r\n\r\n\u003Cem>CoreLogic\u003C\u002Fem> used the information provided on rental applications and the applicants’ credit history from credit bureaus to determine if there was a correlation between student loan debt and credit scores.\r\n\r\nThe analysis concluded that:\r\n\u003Cblockquote>\u003Cem>“Student loan debt did not prevent millennials from access to credit even though it may delay their homebuying decisions.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nIn fact, those with a higher amount of debt actually had higher credit scores.\r\n\u003Cblockquote>\u003Cem>“Renters with student loan debt have higher average credit scores than those without; and those with higher debt amounts have higher average credit scores than those with lower student loan debt amounts.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nMillennials are on pace to become the most educated generation in our nation’s history, with that comes a pretty big bill for education. But there is a light at the end of the tunnel:\r\n\u003Cblockquote>\u003Cem>“Despite the fact that student loan debt has grown into the nation’s second largest consumer debt, following mortgage, and has created a significant financial burden for millennials, it does not appear to prevent millennials from accessing credit.”\u003C\u002Fem>\u003C\u002Fblockquote>","\r\nMillennials are on pace to become the most educated generation in our nation’s history, with that comes a pretty big bill for education. But there is a light at the end of the tunnel:\r\n\u003Cblockquote>\u003Cem>“Despite the fact that student loan debt has grown into the nation’s second largest consumer debt, following mortgage, and has created a significant financial burden for millennials, it does not appear to prevent millennials from accessing credit.”\u003C\u002Fem>\u003C\u002Fblockquote>",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers","2016-12-21T10:00:37Z","2016-12-16T15:29:04Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},716,"whether-you-rent-or-buy-either-way-youre-paying-a-mortgage","Whether You Rent or Buy: Either Way You’re Paying a Mortgage","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F12\u002F16114734\u002F20161220-Share-STM.jpg","2016-12-20T10:00:45Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},718,"the-fed-raised-rates-what-does-that-mean-for-housing","The Fed Raised Rates: What Does that Mean for Housing?","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F12\u002F21143848\u002FSTM-Share3.jpg","2016-12-22T10:00:42Z",{"cover":39,"open":40,"shareSpread":41},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[43,47,48,52,56,60,64,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":44,"name":45,"slug":46},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":49,"name":50,"slug":51},6,"For Sellers","sellers",{"id":53,"name":54,"slug":55},7,"Foreclosures","foreclosures",{"id":57,"name":58,"slug":59},8,"Infographics","infographics",{"id":61,"name":62,"slug":63},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":66,"name":67,"slug":68},34,"Senior Market","senior-market",{"id":70,"name":71,"slug":72},35,"Mortgage Rates","mortgage-rates",{"id":74,"name":75,"slug":76},38,"Move-Up","move-up",{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]