More parents are funding children through university in an attempt to help them remain debt free, new research has suggested. A study by Halifax has found that this year, the highest proportion of student funding came from parents, whereas last…
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Parents are being advised to conduct debt management in order to help them cover the costs of supporting their children in later life. Family finances are increasingly stretched when younger generations begin to reach adulthood, notes M&G Investments. “As a…
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Students may place themselves at a higher risk of debt if they fail to inform insurers of a change in circumstances, it has been claimed. Mike Powell, a consultant from Defaqto, has stated that those who move away to university…
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The plight of children living in poverty has been highlighted in a new report released by Citizens Advice. It includes several first-person accounts from parents that are struggling with the rising cost of living and debt. A number of them…
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The Financial Services Authority (FSA) is launching a new initiative to help university students cope with debt management. It will aim to introduce its Money Doctors education programme to an extra 50 campuses after research showed that young people are…
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The credit crunch means more people are turning to their parents for debt help, it has been claimed. Research from moneysupermarket.com has found that when applying for a loan or mortgage, 23 per cent of those in their 20s have…
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University students generally look after their rented homes as they wish to avoid incurring debt, it has been claimed. John Heron, the managing director of Paragon Mortgages, said that despite the rowdy image portrayed of students in television programmes such…
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Building society Nationwide has launched the latest phase of its financial education programme at a primary school in Yorkshire. The scheme -which aims to teach youngsters about money matters and debt management – is supported by the secretary of state…
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