![]() As Dan Rafter has reported, “While student-loan debt does affect the mortgage-lending process, it boils down to three factors: income, savings and credit your mortgage professional will look at those three variables to determine what loan you qualify for, if any.” What To Do Now?īesides learning how to make money online fast, what else can you do? A graduating law student can easily amass over $200,000 in accumulated student loan debt. ![]() Because of the 2009 meltdown, lending standards are still stringent, and many student loan debtors just cannot achieve less than the required 43 percent debt-to-income ratio. So even though the government and banks are realizing that massive student loan debt could be the next bubble, there is no easy way out. These are great steps, but it still doesn’t solve the problem for people in debt.
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