Student debt eats away home deposit savings to tune of £2,000 a year, says Barclays
المصدر: The Guardian World | Source: The Guardian WorldRepayments also affect financial stability of nearly half of graduates, according to report by UK bank
People with student loans who are working towards a home deposit save almost £2,000 less per year than those without the debt, according to a new report by Barclays.
The bank also found that 44% of student loan holders claim that repayments limit their ability to build long-term financial stability, while 41% say it prevents them from entering the housing market.
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This article was originally published by The Guardian World. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
