As Gen Z and millennials watch the value of their degrees dramatically decline, one graduate in the UK has become the face of the crisis. The unnamed graduate now owes more than £314,356 ($420,000) in student loans—more than the cost of an average British home, far above the eye‑watering £231,000 ($308,000) record that topped headlines just two years ago, and a new record for the most personal student debt on record in the UK.
While the average graduate is leaving university with around £45,000 in debt, 10 graduates now have loans exceeding £267,000 ($356,000), according to new figures from the Student Loans Company, as reported by The Times.
