Student debt has arguably affected the millennial generation more adversely than any other age cohort, with many 25- to 40-year-olds feeling financially crippled by the skyrocketing cost of college tuition at a crucial point in their lives, along with other economic challenges. Today, the fifth and final part of a broad new study conducted by Legal & General Group, U.S. Millennials and Home Ownership – A Distant Dream for Most, is released, diving into the role of student and medical debt in creating a vicious cycle that keeps millennials from saving and building credit to purchase their own home. In the research, survey subjects repeatedly called for cancellation of oppressive student debt.
12 Jan 2022
The Rebuilding Britain Index Report (wave 9)
Since it was first published in early 2021, the RBI has demonstrated that access to better jobs, better housing, thriving communities, and strong economic prosperity are the key drivers of levelling up the country and improving people’s lives. These drivers are underpinned by the need for people to be living in good health. Whilst the UK aggregated score on the RBI’s Health Index has remained flat since the last wave of the RBI, the overall score has fallen and inequalities have widened since 2021, with differences linked to income, region and age. The latest RBI Report explores these changes and highlights the importance of a collaborative approach across stakeholders to create the conditions for better health for everyone.
The Rebuilding Britain Index Report (wave 8)
Short-term support and and long-term action are both vital in alleviating the financial pressures households are facing as a result of the cost of living crisis. Pairing immediate support with longer-term action and thinking will help ease current and future financial pressures while also addressing wider social inequalities that exacerbate the impacts of cost-of-living crises. This strategic approach can truly level up the whole of the UK.
This website is not designed to work on IE11, so for the best viewing experience please switch to an alternative browser.