Property News · August 20, 2017

Getting to grips with a £32,220 student debt – and how you can lighten the load


As graduates start their first jobs and face a raft of new bills, tackling the loan mountain can seem insurmountableAfter three years at university Vic Froggett has started in her first job and is adjusting to the succession of new bills she has to pay. But as well as the increased cost of rent, travel and council tax, in the background is her mountain of debt – student loans of £40,000.After borrowing all she could from the Student Loans Company (SLC) for the £9,000-a-year tuition fees for her English literature and politics degree at the University of Reading, she also took out money for maintenance. Now working as a publishing assistant for £17,000 a year, the debt appears insurmountable. Continue reading…

Source : theguardian.com
Read more…Getting to grips with a £32,220 student debt – and how you can lighten the load

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