Student loans are a problem. But the overwhelming problem is mortgage debt; The median age for a first-time homebuyer rose from 31 in 2015 to 40 in 2025.

Student loans (yellow) are a problem (getting worthless degrees). But the overwhelming problem is mortgage debt (green)
byu/RobertBartus inEconomyCharts

“Now you can't afford a 50-year mortgage so you're taking out a 100-year mortgage to pay $500 less a month but pay $3 million more in interest to the Bank?"
byu/TonyLiberty inFluentInFinance

“Now you can’t afford a 50-year mortgage so you’re taking out a 100-year mortgage to pay $500 less a month but pay $3 million more in interest to the Bank?”

“Yes, that’s correct, Dave.”

The median age for a first-time homebuyer rose from 31 in 2015 to 40 in 2025. With a 50-year mortgage you can own your first home at 90.
byu/TonyLiberty inFluentInFinance

🚨Japan had 50 year mortgages right before their entire system blew up.

When it blew up in Japan. Real estate absolutely collapsed and so did the banks.

— The General (@1776General_) November 9, 2025