Personal Finance

In One Chart: The higher your degree, the more likely you are to buy a house

Homebuyers need good credit, a down payment and, these days, maybe even a graduate degree.

The more advanced the education, the more likely a person is to own a home, according to a recent study by real-estate site, which looked at home ownership, home size and data from the U.S. Census Bureau’s American Community Survey. Professional degree holders, including medical and law school graduates, have about a 76% ownership rate, followed by graduate school around 73.6%. Ownership rates were about the same for doctorate levels (73.7%) but people with less than a high-school degre… – All MarketWatch News – Personal Finance