| Going to university is one of the biggest | | | | means they do have to be paid back, in full. |
| decisions a young person has to make, and a | | | | So, by the time a student leaves university |
| lot can rest on the outcome. Do they leave | | | | after their 3 or 4 year course, they could |
| college and head straight into a new career, | | | | already have debts of over £14,000, |
| learning and earning along the way? Or do | | | | without taking into consideration any other |
| they further their education and bulk up | | | | monies owed to banks from overdrafts and |
| their qualifications in hope of a better paid | | | | credit cards. Starting a new career with such |
| job down the line? There are advantages and | | | | large money worries hanging over you is at |
| disadvantages to both; getting on the career | | | | best worrying. |
| ladder as early as possible is a good idea, | | | | |
| and sometimes by the time a similar aged, | | | | Students can take on jobs to help subsidize |
| degree qualified student is looking for the | | | | these expenses, but this can have an adverse |
| same type of job, the employer may opt for | | | | effect on their studying. The best way to |
| the candidate with the actual hands on | | | | earn money whilst at University is to try to |
| experience anyway, rendering the extra | | | | secure employment during the holidays, where |
| qualifications useless. | | | | the breaks can often be anything up to four |
| | | | weeks during term, and three months at the |
| However, a degree is not the only worthwhile | | | | end of the year. This is plenty of time to |
| factor to consider when weighing up the | | | | accrue a decent lump sum that will support |
| decision as to whether or not to head off to | | | | them during the following periods. |
| University. The experience gained from living | | | | |
| away from your parents and having to fend for | | | | There is no doubt that a degree looks |
| yourself is invaluable, and sets you in great | | | | impressive on a CV, and are essential for |
| stead for later life. Of course, with such | | | | many of the skilled jobs available in today's |
| freedom comes responsibility, and none are as | | | | society, such as doctors, scientists, |
| important as learning to manage money, and | | | | architects and lawyers. They enable those who |
| coping with a small amount to live on each | | | | have them to start from a higher rung in the |
| week. Budgeting is a helpful tool to have in | | | | career ladder, rather than down at the very |
| all walks of life, and at university students | | | | bottom, but it is worth remembering that |
| will learn that every penny needs to be | | | | nothing is guaranteed, and sometimes students |
| carefully accounted for or life will get | | | | who have just finished degree courses are |
| extremely tough when you run out! | | | | without what they would call 'meaningful' |
| | | | employment in their preferred field for |
| All students going to University can apply | | | | months, even years, before they finally make |
| for a loan from their Local Education | | | | it to where they want to be - and still with |
| Authority (LEA) to help towards course fees | | | | a mountain of debt on their shoulders. |
| and accommodation, etc. Depending on | | | | |
| individual circumstances, tuition fees may be | | | | Article Alley is one of the UK's top article |
| waived in some cases. Whilst student loans | | | | sites, best for Money Articles. |
| are a necessity for many, their very nature | | | | |