Student debt still lingers

Official figures have revealed that a third of students who have graduated since the introduction of fees in 1998 still do not earn enough to pay off their loans. The estimated £20,000 debt that the average student graduates with stays with the graduate for a long time, as many do not begin to earn over £15,000 until later in life. The news comes as graduates become increasingly worried over their employability, as a result of the current economic crisis severely cutting the amount of jobs available after University. It is important to remember that inflation continues to rise, and this affects the amount students must pay back after their graduation.

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