Youth fear shouldering massive debt during lifetime

MONEY is stressing our young people to the max.

Most 18-29-year-old Aussies fear they will shoulder massive debt during their lifetime.

The Future Leaders Index reveals eight out of 10 Generation Ys are worried about mortgages and having enough money to retire, 76% fear the cost of raising children and 68% think education debts will be a major burden.

The study, completed by Insight Room for university retail Co-op and professional services firm BDO, surveyed 5000 young Australians.


Topics:  debt economy money youth

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Thai guest to share her story with Roma

MOTIVATIONAL: Guest speaker from Thailand, Maneennoot Themjai, will be talking in Roma this weekend about growing up in poverty and being a sponsor child.

Maneennoot "Noot” Themjai is coming to speak in Roma on the weekend.

Briefs from around the region

Police crime scene

A helicopter crash has left a man in a critical condition.

Motor exhibition opens Saturday

CATTLE AND CARS: Rob and Edith Burton are working on the finishing touches to the garage, due to open tomorrow.

Rob and Edith Burton are opening their garage exhibition.

Local Partners