Student debt eats away home deposit savings to tune of £2,000 a year, says Barclays
Repayments also affect financial stability of nearly half of graduates, according to report by UK bankPeople 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. Continue reading...
Repayments 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. Continue reading...
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