Property News · August 15, 2014

Students who say 'no' to £50,000 of debt


Getting a degree from a UK university is an expensive business, but young people are exploring other optionsCongratulations to all the A-level students who got the grades they need and are heading to university this autumn. But a growing band of young adults are spurning a conventional British university and pursuing other options, ranging from high-level apprenticeships through to scholarships and degrees from low-fee universities abroad.The prospect of sinking £50,000 into debt, albeit funded through student loans, which don’t have to be repaid until the graduate is earning a decent income, is deterring even top students from heading to a British university. Depressingly, four out of 10 students (43%) are not expected to have cleared their debts 30 years after graduation. Continue reading…

Source : theguardian.com
Read more…Students who say ‘no’ to £50,000 of debt

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