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