Independent Financial Expert, Alvin Hall answers parents and studentsâ questions on how to survive the financial pressures of university life.
New research reveals almost a third of 17 â 25 year olds starting university in the autumn will live at home to save money. A quarter of students-to-be believe that the economy is so bad that getting into debt is inevitable and a third think that soon the costs of going to university will outweigh the benefits. Worryingly, almost half believe that todayâs undergraduates will be the most financially disadvantaged for many generations.
However, a quarter of students admit that if money was no object they would prefer to live in halls and live an independent life. More than a quarter of new students will be taking a job during term time to help ends meet and one in ten will be seeking employment in the holidays to earn some extra cash for term-time. Distributed by Tubemogul.