Students Struggle With Uni Debts

Students are being urged to try and find the best finance deal before they start university to limit the amount of debt they graduate with, according to one financial advice group.

Figures from a NatWest study reveal that students leaving university this year will graduate with debts of £13,252, an increase of five per cent on last year.

And more than 60 per cent of new graduates leave university a staggering £10,000 or more in debt.

The National Debtline suggests various ways students can try to manage their finances including trying to get the best interest free overdraft, graduate deals, university support or working during the summer holidays.

"If we saw an increase in the average starting wage of graduates then things might balance out slightly," suggested Beccy Boden Wilks from National Debtline.

"But as we understand it the starting wage of a graduate isn't that healthy, especially when compared to the level of debt graduates can expect to leave university with."

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