Advice For Stopping Student Debt
When you start university doing homework on your personal finances is probably a low priority, however with the average cost of first-year student debt now at £6000 plus, it's now even more important to watch your spending if you want to graduate without a crippling amount of debt.
Being a student often means being a little short of money. According to a recent report, over half of UK students (56 per cent) have difficulty managing their money, with one in six finding their financial commitments a struggle and one in 20 falling seriously behind with payments or having real problems. And with the average student now leaving university owing more than £17,500 things aren't getting any better.
Luckily, living on a tight budget doesn't have to mean losing control. Check out the following student debt guide for eight easy things you really ought to know about managing your money.
