IFS says student debt rising beyond £50,000

Students in England are going to graduate with average debts of £50,800, after interest rates are raised on student loans to 6.1%, according to the Institute for Fiscal Studies.

 

Those from the poorest backgrounds, with more loans available to support them, will graduate with debts of over £57,000 says the think tank.

Read the full article from the BBC HERE

 

If you’re looking at university courses, it’s worth considering undergraduate sponsorship. A number of manufacturing companies in North Devon are taking part in a scheme to provide funding towards university courses with an offer of employment on completion of your course.

 

Read more HERE