Released on: September 24, 2007, 3:30 am

Press Release Author: Charlotte Burrows

Industry: Real Estate

Press Release Summary: Millions of Britons graduate from university with
unmanageable debt, meaning fewer are able to enter the property market.

Press Release Body: The financial difficulty faced by many can take years to get
over, making it more difficult for homeowners to make a quick property sale.

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The National Union of Students (NUS) said that debt levels for graduates have
increased massively in recent years.

According to the organisation, graduates will leave university with a combined debt
of £3.2 billion, signalling an increase of 167 per cent.

\"Debt hits students when they are at their most vulnerable: when they\'re thinking
about their first step on the career ladder, when they\'re thinking about getting a
mortgage, starting a family... so essentially, at the time when they\'re most
financially vulnerable, they\'re being hit with quite hefty payback,\" said an NUS
spokesperson.

It is bad news for anyone looking to sell a property, which they may have inherited
through a family bereavement or received in a divorce settlement, as it means fewer
buyers are entering the market.



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