Here’s a topic that’s prevalent with so many educated professionals today. Managing student loan debt, while trying to move forward in your life.
You spend many years honing your skills to begin a highly coveted career in your field of choice. You finally earn the degrees and certifications to get started on your path. And the next step on that path is establishing a place you can call home.
But with all of that student loan debt you are now accountable for, can you afford to buy a house? Should you take on a mortgage, when you already have mountains of student loan debt looming over you?
This next post will go over all of that and more —
Jeff at Debt Free Doctor shares this in-depth analysis into both sides of this important decision.
The following article was originally published on The Money Mix, and is being republished with permission.
Buying a House When You Have Student Loan Debt
A topic about mortgages appeared recently on Dental Town, which is the world’s largest online community for dentists. The post discussed a video (see below) in which the wife of a recent dental school grad called in to get some advice on whether she should pay off their student loan debt before buying a house. In typical Dave Ramsey fashion, he aggressively answered her question.