<prompt> Human: Ive been paying monthly for a few years on 3 undergrad and postgraduate loans that now total over 300,000. Is it foolish to think I can own a home with this debt without fear that it could be taken one day if something happened and I defaulted? One is a private loan. Thanks for any words of wisdom!This is my first post ever :  <response>: Its not foolish to think you can own a home with student loan debt and it is not likely that your student loan creditors, or any other creditors, could take your home if you defaulted on other debt. First thing I would look into is the Homestead Exemption. This varies state to state so I would do a search for Homestead exemption state you live in to get information on your states specific law. In general a homestead exemption protects your primary residence being taken to satisfy a claim by a creditor. The exact details and amount of protections offered can vary widely state to state however.Second, I assume you will have a mortgage. A mortgage creates a secured interest in your house for the mortgage holder, meaning they get first dibs on the money if you sell your house. Therefore, if a creditor was able to force the sale of your house, they would only get the difference between what the house sells for and what the mortgage holder is owed.Disclaimer: I am a lawyer, I am not your lawyer. Contact a local attorney if you feel you need more specific advice to your state and situation. 