Student offspring - they never go away

[capt_buzzard]

British third level students are so crippled by debt, when they finish college that the majority are still dependent on their parents three years after graduation, according to a new survey to be published tomorrow.

With massive fees to pay and loan schemes to fund both these and their maintenance, it is now the norm for a student to finish their primary degree with substanial debts which take years to clear.

A poll of 1,200 students who graduated in 2002 for the Royal Bank of Scotland revealed that 58pc were still relying on their parents to tide them over three years later.

Many had moved back home in a bid to avoid bills, it added.

The report also revealed that 56pc of them were not satisfied with the salaries they were earning three years on and less than a third (27pc) were happy with the amount they were saving.

The report comes at a time of growing controversy over student finance with top-up fees of up to £3,000-£4,000 a year set to be introduced by universities in September 2006 in the United Kingdom.

Figures show the average student is leaving university with debts of £14,501 and above that.

How can they afford to take out a mortgage within three years of leaving college? Its better back home with Mum and Dad said many students.



Independent News Britain



www.independent.co.uk

[gmc]

Maybe a labour government will redress the balance some day.

[john8pies]

Tell me about it - and why do students have to repay their `loans` when the unemployed get their money for nothing?!