Student Debts? 30000 to 40000? (Update)

zMastaa

The Level 1 Sandwich Artist

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  • Nick

    I go to university in Manchester.

    Tuition Fees = £3250/year

    Rent = £3900/year

    Living costs = £4000/year

    Total = £11150/year.

    Take out one of the three (say it’s paid for by parents) then it’ll still leave you with £20000 debt by the end. If you don’t get the loan you still have to finance it somehow… and given not many 18 year olds have £20000 sitting around, it’ll probably be some sort of loan whether it’s from Student Loans Company, parents, bank or something else.

    So I don’t think I’d be able to afford an extra £6000 a year!