Student loan debt hurts home ownership

St. Petersburg, Florida - There's free help available to college students who are graduating with so much student loan debt that even with a new job they can't afford to buy a home.

Christel Fleming is majoring in Marine Biology at the University of South Florida's St. Petersburg campus. She says it's been awhile since she looked at her student loan debt. "It's between 20 and $30,0000. It's pretty scary."

She says a four-year degree won't be enough, so she's considering incurring even more student loan debt by going to graduate school to get a good job in order to pay it all back. She says, "Thankfully, I've had a lot of financial aid and grant money help me out, but it's still kind of daunting... when thinking about getting a job when I get out with that much owed."

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