Alistair Campbell
π€ SpeakerAppearances Over Time
Podcast Appearances
Because they are the most indebted generation in history if they went to university.
They are graduating with an average of Β£50,000.
worth of debt, Β£9,000 a year, I paid three, you paid?
Zero, there we go.
And, you know, it's a huge amount of money.
Then they're looking at interest.
We asked the Gen Z audience, the rest is politics, to describe themselves.
And the words that came up the most have really, really stayed with me.
Misunderstood, resilient, lost, unlucky, anxious and fucked.
That's how they're feeling, right?
And I think if you've gone to uni, taken on all that debt, you are now learning what RPI is because it's the interest rate on your loan, which they've been capped at 6%, but it's still 6% on a Β£50,000, Β£70,000 loan.
That is a lot of money every month in interest, hundreds of pounds.
And then you're having to use a food bank or you're working multiple jobs.
I think I'd feel quite fucked too.
That's why we've got to have an active state.
Well, let me play you Luke on this because he's got stuff to say about what's going on with tech.
So Luke is from Ipswich.
He's not living at home.
I suppose there is an argument that 2008 changed a lot, right?
It did change.