Latest Debt News
Debt sobering up students
10/03/2006 17:53:00
As many students fear the burden of debt upon leaving university, one in five is now opting to live at home with their parents.
Student unions, whose plight has been well publicised over recent years, are facing the difficulty of students who stay socialising with their "old" group of friends, rather than spending time at university with their new acquaintances.
But the future is looking brighter for these financially savvy students, with almost a quarter saying they expect to graduate with no debt at all.
However, some believe that this lifestyle is taking away from what the university experience is traditionally meant to be.
Boris Johnson, the higher education spokesman for the Conservatives, told the Times Higher Education Supplement: "We all lived in foul and pestilential student squats – but that was a far better experience than staying at home."
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