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Youngsters ‘need more guidance about university debt’

Posted 13 Aug 2010

According to a new survey released by Push about student debt yesterday (August 12th), students are leaving university owing at least £23,000.

This amount is expected to increase and those that start university this year could face debts amounting to as much as £25,000.

Student debt has increased by 5.4 per cent to £5,600 for each year of study and an expert believes that youngsters should be given better advice about their options.

Tanya De Grunwald, founder of career advice website, GraduateFog.co.uk, believes that schools, parents and banks have a responsibility to teach sixth formers about alternatives to university.

She said: "Students need to understand the financial implications of enrolling for a degree – after all, it's their money. They will be the ones who have to pay back this debt, eventually."

For those who do not want to be left £25k in the red when they leave university, taking a TEFL course could be an alternative.

A TEFL course can train someone to teach English abroad through online learning and these people could then find a job overseas.

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Category: TEFL Industry

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