More than 150,000 UK graduates have student loan debts of £100,000-plus
NegativeFinancial Markets

Recent data reveals that over 150,000 graduates in the UK are burdened with student loan debts exceeding £100,000, with one individual owing an astonishing £298,000. This alarming trend, identified by Royal London, highlights a significant rise in what they term 'debt sentences'—a situation that severely hampers graduates' ability to save for their future and enter the property market. This issue is crucial as it not only affects individual financial stability but also has broader implications for the economy and housing market.
— Curated by the World Pulse Now AI Editorial System