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 6)
The findings in wave 6 of the RBI reveal that the current cost of living crisis presents a real danger of widening the existing inequalities found between and within different parts of the UK. Some of the findings that detail how difficult some households are finding it to cope in the current financial climate make for challenging reading. We must, however, use them to reaffirm how action is urgently needed, at a fundamental and structural level, to ensure we address the root causes of these inequalities and build better equity between our communities and resilience within them.
The Rebuilding Britain Index Report (wave 5)
The critical issue considered in this report is what steps the UK needs to take in order to build healthier infrastructures capable of supporting healthier behaviours in people’s everyday lives. The UK cannot hope to improve health outcomes, a vital prerequisite if we are to truly level up our communities, without considering the need to improve local infrastructure.
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