Bank of Mum and Dad
Post school options are increasingly expensive
What happens after school is a big moment for both students and parents. University fees are becoming ever more expensive and graduate jobs are harder to come by. House prices continue to rise, making it harder for younger generations to get on the ladder and more are continuing to live in the family home to save money. While this makes economic sense for young adults, it can put pressure on family finances.
cost of one year at university Footnote1
adults in the UK aged 20-34 living with parents Footnote2