Debt1
Debt worries force students to take on jobs

Debt worries force students to take on jobs

Debt worries force students to take on jobsMonday 4th August 2008

Increasing numbers of students are being forced to take on part-time work as they seek to limit their student debt and fund their studies, it has been revealed.

In the fifth annual Student Living Index compiled by NatWest, four out of ten students surveyed said that they will be juggling their studies with a job when the new term begins.

The report also found that 25,000 more undergraduates have taken up jobs in term time this year than in 2007.

Ben Gray, president of The National Union of Students (NUS) Wales, told the Western Mail: "We recognise that students are working more and more to pay for their studies and living costs. This affects their academic work and their health. Rising costs are hitting students hard."

According to the NUS, the average student currently leaves college facing a total loan debt of around £20,000.

Students who feel they are facing a debt problem are urged to seek out professional debt help.

Debt1, official website of Byrom & Keeley - Experts in Debt Management

ADNFCR-1737-ID-18715609-ADNFCR

Related News

Banks offering consumers higher credit limits - 01/08/08
Banks are continuing to offer Britons further credit card debt, despite mounting signs that the UK's debt problem is spiralling
Poor families hit hardest by British Gas price hikes - 01/08/08
Price hikes from British Gas will impact most heavily on poor families, putting further pressure on debt-hit Britons, a charity has warned
Lenders hike rates on overdraft debt - 30/07/08
Banks are stinging Britons with higher repayment rates on their overdraft debt, it has been revealed
Cash-strapped Brits skipping meals - 29/07/08
Debt-hit Britons are struggling to pay higher food bills with many reduced to cutting out meals, it has been revealed
EDF hikes energy tariffs - 28/07/08
EDF Energy has become the first of the UK's large energy suppliers to hike prices for consumers who are already likely to be wrestling with higher debt repayments and the soaring cost of living

<< Back To News Listings

News Article Search

Quick Apply








Yes No


I accept the Privacy Policy