Value of outstanding student loan balances for the Millennial generation UK 2016

This statistic illustrates the value of outstanding student loans owed to the Student Loan Company for the Millennial generation in Great Britain as of 2016. It can be seen that more than two fifths (44 percent) of Millennials stated that they did not know how much they owed the Student Loan Company.

Value of outstanding student loan balance owed to the Student Loan Company for the Millennial generation in the United Kingdom (UK) as of 2016*

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Source

Release date

August 2016

Region

United Kingdom (Great Britain)

Survey time period

25th July to 9th August 2016

Number of respondents

316 respondents

Age group

18-35 years

Method of interview

Online survey

Supplementary notes

From the source: "ComRes interviewed 962 British adults aged 18-35 online between 25th July and 9th August. Data was weighted to be representative of all British adults aged 18-35 by gender, age and socio-economic grade, and to be representative of all British adults by region. ComRes is a member of the British Polling Council and abides by its rules."
*Full survey question: "What is the outstanding balance you owe to the Student Loan Company?"

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Statistics on "Millennials financial management habits in the UK"

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