Apacs is distributing leaflets that provide a “wealth of information”, including tips on financial management, fraud protection and a list of questions to ask before taking out a credit card. “Nowadays, most students expect to be in debt when they…
Think-tank Reform claims that there is effectively a 50 per cent tax rate in force which will hit the under-35s who are already suffering from mounting debt, rising costs and low earnings growth. “Young people are in danger of drowning…
Student-debt.org.uk found that debt was the primary motivator behind half of university drop-outs, while the average graduate now carries a debt of nearly £15,000. A spokesman from student-debt.org.uk said: “The financial pressures associated with a course of higher education should…
Children’s Mutual states that with final bills for studying to qualify for certain professions reaching £70,000, saving needs to start early to offset this debt. “By saving regularly over the long term, parents and other family members could help provide…
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The limit has been raised from £300 to £600 but consumer groups are saying that students should not be able to get credit, especially as some cards charge interest rates of 21.47 per cent. Frances Walker, of the Consumer Credit…
Continue reading the "Barclaycard student offer under fire" »
Although students are offered loans, this is often not enough the report claims and many are seeing debt as part of their daily existence both as a student and graduate. “We try to advise new students to be sensible with…
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Top-up fees, personal debt and high rental prices have led to a 53 per cent increase in the amount of students working while studying over the past decade, the TUC has said. “More and more students are being forced to…
Continue reading the "More students take on work to avoid debt" »
Claiming to have the lowest APR of its competitors, Barclaycard Student is said to be designed for those new to credit and debt and has no fee for breaking the £600 credit limit. James Le Brocq, head of Barclaycard UK…
Continue reading the "Barclaycard unveils new student offer" »
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