R3, the Association of Business Recovery Professionals, has stated that it will give support to schools offering ifs School of Finance qualifications by discussing the “perils of debt”. Tony Supperstone, R3 president commented: “Personal debt in the UK is increasing…

With average graduate debt put at £22,000, the National Union of Students (NUS) and financial experts told students to budget and seek advice. “Students are particularly vulnerable because they have no choice but to get into debt,” Sue Edwards of…

In it, the DTI said that the government should educate children and adults about the problems of debt, such as through the expanding of access to finance information for employees. Plans are also included to improve the financial education of…

The average owed for each year of study now stands at £3,103 according to LloydsTSB and Push, a nine per cent drop on last year’s figures. “This year’s debt fall probably indicates some belt-tightening on the part of today’s students,”…

Over the next ten years, Skandia predicts 4.2 million graduates will have a combined debt of £71 billion as the government expects the average student to graduate owing £15,000. “[University] should form the start of a long and fulfilling career,…

According to the NatWest poll, this translates into a graduation debt of £14,779, over £1,000 more than graduates owed last year. However, Mark Worthington, head of NatWest student and graduate banking, saw hope in the findings: “Despite the anticipated cost…

The National Postgraduate Committee (NPC) found that 77 per cent of potential postgraduates from working-class backgrounds said that money worries put them off further study. “Debt is a major concern for students, especially those from lower socio-economic backgrounds,” said Simon…