Parents: student debt warning as your kids could be left with £50,000 debt



RAISED tuition fees and sky high interest rates mean students are leaving university with debts totalling almost £50,000.
Students now pay around 18 times the Bank of England base rate, due to changes to fees on their student loans. This is adding around £5,000 to their debt before they even graduate.
Tuition fees which are currently £9,000 are set to rise once again by another £500, this combined with living costs and any other money they have borrowed means students could be starting adult life 'on the back foot' according to critics.
It seems parents are also footing the bill, as they... read more

 
1 October 2016 in Yorkshire & Humber, Views: 31
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