Sunday, October 13, 2013

Middle-class children ‘will be worse off than their parents for the first time in more than a century’

Anna Edwards
October 13, 2013

Middle-class children will be poorer than their parents by the time they grow up, a worrying report has warned.

For the first time in a century, the children from families with above-average income will have a worse standard of living than their parents, the Government-commissioned findings will reveal.

Middle-class students face the ‘perfect storm’ of graduate debt, lack of finance to buy homes and job insecurity as they graduate from full-time education.

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