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Frugal
Junior Saver
Joined: 06 Feb 2005
Posts: 55
Cash Points ££ 84.96
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 Posted: Sun Feb 19, 2006 5:58 pm Post subject: Students 'owe more, worry less' |
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Students are becoming accustomed to debt - and more than 40% have part-time jobs to pay their way through university, a report has found.
The level of debt owed by students has "stabilised" for the first time in six years, says this year's Unite survey of student life.
The number of students worried about debt has continued to decline.
The report also found many parents are paying £1,500 per term to cover their children's university costs.
And it showed how socialising has changed for many students, who visit the pub much less but take more exercise.
Fees hike
Each year the Unite survey tracks the attitudes and experiences of students - and this year's survey reports that the average student owes £5,267 - and expects this to rise to £9,692 by the time they graduate.
http://news.bbc.co.uk/1/hi/education/4640868.stm |
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sneekygirl
Newbie
Joined: 19 Feb 2006
Posts: 20
Cash Points ££ 311.74
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| Posted: Sun Feb 19, 2006 7:22 pm Post subject: |
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LOL ... 
The study is flawed ! Were just turning a blind eye 
But the debt is still a worry and sitll there  |
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cashman
Beginning Saver
Joined: 01 Oct 2004
Posts: 49
Cash Points ££ 140.00
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| Posted: Tue Feb 21, 2006 2:40 am Post subject: |
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| I agree sneekygirl, the UK is drowning in debt. |
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Shezz
Beginning Saver
Joined: 08 Mar 2005
Posts: 45
Cash Points ££ 348.80
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| Posted: Sun Mar 05, 2006 12:36 am Post subject: |
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| cashman wrote: | | I agree sneekygirl, the UK is drowning in debt. |
UK consumers may be most debt ridden in europe but nothing when compared to the live for today americans |
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Phillipa
Veteran Investor
Joined: 05 Feb 2005
Posts: 419
Cash Points ££ 3383.78
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| Posted: Thu Apr 06, 2006 4:49 am Post subject: |
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Student debt has doubled over the last six years and students from poorer families are suffering most, according to government research published yesterday.
Final year students averaged £7,918 debt at the end of their course and students from poor homes averaged £9,842, according to the survey of 3,700 undergraduates and trainee teachers at 88 universities and colleges in England and Wales.
Top-up fees were considered a key factor, and increasing numbers need help from their families.
From this autumn students will be charged £3,000 a year, more than double what most pay now. |
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Fred
Stranger
Joined: 17 Apr 2006
Posts: 4
Cash Points ££ 25.00
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| Posted: Mon Apr 17, 2006 12:51 pm Post subject: |
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| I have £12k in student debt and it has effected the amount I can borrow towards my house purchase, something that students should take account off, as i had to save for a larger deposit, i.e. had to wait an extra 2 years and in that time house prices went up somewhat ! |
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