If there’s one thing that hardly ring in the minds of college hopefuls while they are up and about looking for places it is the debt they’ll have to pay after the four years. And when they are finally out it’s hard for them to see homeownership past the mountain of debt there is to pay. The figure actually stands at $1.3 trillion. This is the amount due to student loans, only second to mortgages.

An average student debt is a number about six figures, which often makes most young graduates postpone some of life’s milestones. According to a survey by the American Students’ Assistance (ASA), 1 in every 5 college graduates put aside thoughts of marriage because of such loans. And more than half on the other hand often press pause their ambition to own a home because of debt.

The situation is even worsened by the current high market prices. Usually, when a graduate in his or her early 30s wants to buy a home at rates obviously low, a more established individual is then allowed to sell. But with the low demand of first-time home ownership, more established homeowners do not get the chance to trade up. There are more disturbing reasons.

First is the little income one remains with after the chop, which makes a huge savings dent hence little or no money set aside as down payment for homeownership. According to another study by ASA in collaboration with NAR, 4 in every 5 college graduates with no homes say that student loans do not allow them the opportunity to save enough to pay as down payment for their homes.

Other than repayment, student loans also make it difficult for graduates to qualify for mortgages. That while potential lenders want loan obligations nowhere above 43% of your monthly income including mortgage payment, not many college graduates can afford that within the first three or five years after their graduation. And the money is often eaten up by credit cards and car loans.

But well, one can pay up, through a government base income repayment plan. The problem however is that if they do, most lenders would still not recognize. Their names would most likely stay marked longer at the credit bureau review. That means no improvement in terms of debt-to-income ratio. No mortgage!

The worst hit are graduates with debt, no degrees and no job. For this lot even high school graduates are better. They are 37% less likely to own a home than their counterparts with high school diplomas with no student loans according to Mortgage Agency Fannie Mae. Also, some 11% debts are 90 days delinquent.