We’ll regularly post research, articles and papers of significant background interest to managers in Students’ Unions.
The Association of Investment Companies’ (AIC) annual student debt survey suggests some startling differences of opinion between students and parents. Whether it’s where to live, where to study, whether university is actually worth it, expected levels of debt or how to fund university education: students and parents have some radically differing views.
But one thing is clear: parents are prepared to make some very real sacrifices to help their children through university, with almost a fifth (19%) of those who contribute financially prepared to use all or most of their cash savings. Many parents may find themselves more out of pocket than they expected, because where parents and students both need a reality check is when it comes to anticipated levels of debt.
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