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No Deal Brexit to cost young people three times their tuition fees

OFOC battle bus

Innovative research by campaign group Our Future, Our Choice, OFOC, released today, underlines "the severe and disproportionate consequences of Brexit" for young people.

OFOC, a youth movement opposed to Brexit and lobbying for a Final Say referendum, says the costs of a No Deal Brexit are modelled at a worst case of up to £108,000 in lost earnings for young people by 2050, with the likely cost amounting to £76,000 in lost wages — that is three times tuition fees and twice an average house deposit.

The statistics come from Thomas Peto, an economic researcher based at the University of Oxford.

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