University students already operating under mounting debt after taking out student loans may be adding to their money problems by accepting unpaid work placements, it has been suggested. According to research by Abbey, although seven million hours of unsalaried work…

A new initiative has been launched by a monetary education charity in an attempt to teach students about money management – which could go some way in preventing them from incurring large debts while in higher education. During September, The…

An increasing number of students at university are expressing concerns that money from their parents could be less forthcoming as a result of the recession, new research has indicated. Findings from a study by Halifax reveal that more than one…

Debt management is one way for hard-up students to tackle the current economic climate, one expert has suggested. Current account director for Halifax Mike Regnier said that research undertaken by the organisation revealed that learners are spending more than £200…

First-time buyers are likely to get help from their family in order to purchase a property, one expert has suggested. Managing director of FirstRungNow.com Helen Adams said that many individuals will have to get support from their parents in order…

Students that are struggling with their finances should not be afraid to seek help, one expert has suggested. Andrew Hagger of comparison website Moneynet.co.uk said that money worries will not disappear and could end up disrupting a person’s education. He…

Mortgage lending continues to be a problem and many first-time buyers are relying on their parents for financial support when purchasing a property, one expert has suggested. Paul Samter, economist at the Council of Mortgage Lenders (CML), remarked that borrowers…

Students in debt may avoid buying a property due to repaying loans and rising unemployment, one expert has suggested. Chairman of home search service company DTZ Residential Peter Braithwaite implied that this may indicate a cultural shift away from ownership…