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The week

Graduates worry about debt.

As ‘Generation Debt’ (the first cohort of UK students with tuition-fee debts exceeding £50,000) enters the workforce, research* from challenger bank brand B shows over 40% of current UK university students feel nervous they will never earn a high enough salary to pay off their mounting debt and a quarter (23%) believe they may face bankruptcy by the age of 30.

 

 

The survey also estimates around 282,000 students have now stopped studying for their exams and are instead focusing on trying to land a job before they graduate. A third (34%) of students believe they would have been better off joining an apprentice scheme when they left high school and 41% believe a degree no longer means as much as it used to.

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