....Residential fees, materials and living expenses on top mean that self-funding students in England are likely to graduate with average debts of £50,800, according to the Institute for Fiscal Studies. NFU Mutual chartered financial planner Sean McCann said families who expect their offspring to borrow the full cost of their university course are in for a shock, as student maintenance loans for digs, food and other living cost
s are means tested: "Only students from the poorest households can borrow the full amount, while those from households earning more than £25,000 cannot. ...
[Read full article on Daily Express
Wednesday 16th of August 2017 08:47:00 AM
....StepChange suggests making a budget to give a clear picture of what money is coming in and going out so that you can then understand what repayments are possible to work down debts. “It’s crucial that you make sure before putting money to repaying debts that you have allocated money in your budget for your essential living cost
s (food, clothing, travel and so on) and what are called priority bills – these are things like mortgage/rent, gas, electricity bills and council tax,” said a guide from the charity. ...
[Read full article on Guardian
Monday 14th of August 2017 06:00:35 AM