Industry News
Uni costs soar
Posted on 14th August 2007
Thursday 16th August is the day A-level candidates will finally discover their grades and the day which, for many, will determine which university they are going to attend.
However recent predictions by Push, a resource for prospective students, claims students who began last year can expect to owe £17,500 by the time they have their degree.
The Push Student Debt Survey was conducted in association with Lloyds TSB and claims that at nine universities average debt has broken the £20,000 barrier.
However, Johnny Rich, series editor of Push.co.uk, commented although some students face financially tough years "the advantages of having a degree still vastly outweigh the costs".
These figures are revealed shortly after research by Alliance and Leicester suggests 54 per cent of students would rather begin earning than continue on to university.
The survey found that 43 per cent of would-be students are put off by likely levels of debt.