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Opinion
Chris Bryant

Why Millennials Won't Be Buying Your House

Student loans are a problem for all of us, not just the young.
A student carries a banner calling for free education while participating in a demonstration in London

A student carries a banner calling for free education while participating in a demonstration in London

Photographer: Getty Images

Having been rejected by young people in the recent U.K. election, a senior minister in Theresa May’s government called at the weekend for a “national debate” on England’s 9,250 pound ($12,000) yearly student tuition fees -- which the opposition Labour Party wants to abolish.

The minister, Damian Green, got his wish. A lively discussion followed about whether it's fair to ask graduates to pay for their own education. And this isn't just a question of fairness or politics, the economic consequences of student loans are hugely important too.