Debt worries force students to take on jobs
Debt worries force students to take on jobs
Monday 4th August 2008
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

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
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
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
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
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
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



