Why you should never let your students borrow money on their own

Students are in the middle of the job hunt and are being urged to take extra time off to help save for their dream.

However, with the average cost of a student loan at £21,500, many students are being asked to take a little extra time to make sure they have enough cash to cover their own tuition costs.

There is a huge gap in the amount of money available to students who are in debt, with many schools asking students to pay off their loans at the end of their degree, rather than the start of their course.

There are several reasons why students should take extra care to save for tuition.

First and foremost, it means you can make more money, as the average tuition fee of £21.60 per course at UK universities in 2016 was the second highest in the world.

Secondly, it can help you pay for your own living expenses when you are studying abroad.

Thirdly, it could also mean that you can get a much better job or better salary once you graduate.

A recent study by financial services company Mercer found that graduates of private universities who took out student loans after finishing their degree were more likely to earn more than graduates who took on debt before their degree.

As a result, they were able to take advantage of their higher earnings to help them pay off the debt once they left school.

However you feel about saving for your tuition fees, taking extra time will help you make the most of your education.

If you are interested in learning more about the best places to study in the UK and the best way to find your tuition fee, head over to our guide to the best universities in the country.

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