De Gayardon, A;
Callender, C;
Desjardins, SL;
(2021)
Does Student Loan Debt Structure Young People’s Housing Tenure? Evidence from England.
Journal of Social Policy
10.1017/s004727942000077x.
(In press).
Preview |
Text
Journal of Social Policy - Does student loan debt structure young people’s housing tenure Evidence from England and student loan debt.pdf - Accepted Version Download (477kB) | Preview |
Abstract
Abstract: This article analyses the interaction between two policy areas affecting young people in England – housing and student funding. It is the first of its kind exploring a range of dynamics in the relationship between housing and student loan debt. Young people today are far less likely to own their home and are more likely to live with their parents than earlier generations. In parallel, higher education tuition fee increases have led to a growing share of students taking out loans and graduating with higher debt, which they will be repaying for most of their working lives. This research examines the relationship between student loans – having borrowed for higher education and attitudes towards debt – and housing tenure at age 25, using the Next Steps dataset. We find that young graduates who did not borrow for higher education are more likely to own their home and less likely to rent or live with their parents than graduates who borrowed for their studies or young people who never attended higher education. These results suggest that higher education funding policies and student loan debt play important roles in structuring young people’s housing in England.
| Type: | Article |
|---|---|
| Title: | Does Student Loan Debt Structure Young People’s Housing Tenure? Evidence from England |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1017/s004727942000077x |
| Publisher version: | https://doi.org/10.1017/s004727942000077x |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | housing, young people, homeownership, parental co-residence, higher education, student loans |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > School of Education UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education > IOE - Education, Practice and Society |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10120108 |
Loading...
Loading...Loading...Loading...Archive Staff Only
 |
View Item |
