Stay in school, study well, go to university, work hard and you’ll have a good life. This is the formula that many have been working from for generations – but are we selling our kids a lie?
In the past decade alone, university fees have risen by 200%, from up to £3,000 a year in 2011 to up to £9,250 in 2023. Average salaries hover around £30,316 for 22- to 29-year-olds, but the average house price has rocketed to £288,000, making it almost impossible for the next generation to even think about getting on the property ladder without help from the bank of Mum and Dad.
This year, in May to July, there were 526,000 young people – aged 16-24 speaks to two mums who expected better for their kids.