Debt less problematic for overseas students

According to Mori, overseas students are wiser with their money than home students as they treat their education as an investment and budget better rather than spend funds on drink.

The poll found that the average overseas student expected to owe £2,648 after graduation compared to £9,692 for the average British student.

In addition, overseas students found British education a good investment as 80 per cent rated teaching as good or very good.

However, they spent their money differently, with 52 per cent of overseas students spending nothing on drink in a typical week, compared to only 24 per cent of UK students.

With so many British students drinking away their funds, many risk graduating with large debts that will hang over them for a large part of their lives unless they start to budget sensibly.