pixel

Graduate Job News

huge student loans to cover fees
12-Jun-2007

Huge student loans to cover fees English students borrowed almost £377 million to pay their tuition fees in 2006-7, according to figures just released.

Almost £2.6 million was also lent to English students for maintenance costs.

The figures, from the Student Loans Company, reflect the increase in tuition fees for students who started university last autumn.

Students now pay up to £3,000 a year in fees to undertake a course at UK universities.

Under the new arrangements, the fees do not have to be paid up front but can be repayed once students graduate and earn above a certain amount.

The government has claimed the introduction of increased university fees has been a success.

Bill Rammell, higher education secretary, said: "The facts speak for themselves - the number of applicants applying for university in 2007 is up by six per cent compared to 2006, the highest ever at this point in the application cycle.

"Student loans are the safest and most effective way of financing education and the general picture is that students are borrowing within the amount to which they are entitled, not beyond their means."

However, there is evidence to suggest that many students are worried about the huge debt burden they will shoulder when leaving university.

Figures indicate that less school leavers are taking gap years, partly due to financial concerns.

Recent research also showed that many students spend more time working for money at university than they do completing their academic assignments.

 
 
Comments(0)


 

Related Articles

Graduate Job Salaries Lowest For Nearly A Decade Graduate Job Salaries Lowest For Nearly A Decade
On 16-Apr-2012 under Graduate
A new report from Incomes Data Services (IDS) shows that starting wages for a graduate job this year could be at their lowest real term level for 9 years. According to the research, graduate startin read more...

John Lewis To Boost Ranks With 50 New IT Jobs John Lewis To Boost Ranks With 50 New IT Jobs
On 29-Mar-2012 under Graduate
John Lewis, the UK retailer of furniture, fashion, toys, homeware and electrics, has announced that it is looking to fill up to 50 new jobs in IT this year. At present, John Lewis has an IT team of read more...

Engineering Firm Assystem To Create 300 Derby Jobs By 2015 Engineering Firm Assystem To Create 300 Derby Jobs By 2015
On 28-Mar-2012 under Graduate
The French-owned engineering company Assystem is expanding and will be creating up to 300 new jobs in Derby before 2015. Some of the engineering positions on offer will be graduate jobs in Derby and t read more...


CATEGORY SEARCH

Job News and Info

Recruiter Information

DATE SEARCH

May 2012

April 2012

March 2012

February 2012

January 2012

December 2011

November 2011

October 2011

September 2011

August 2011

July 2011

June 2011

May 2011

April 2011

March 2011

February 2011

January 2011

2010

2009

2008

2007

Graduate Job Options
The UK's Most Visited Undergraduate Jobsite - 4 Million Unique Visitors Last Year.
Last Month:
Visitors
312,043
Jobs Posted
3,063

Get Involved !

Create a free E4S account
- Latest Jobs by email
- Latest Deals by email
- Fast track job application
- Free CV Review
- Save Jobs

Featured in:

Home - All Jobs - Part Time Jobs - Gap Year Jobs - Graduate Jobs - Internships
Web site protected by copyright and trademark laws under UK, US and International law 2000-2011, Employment4Students.co.uk Ltd.
Registered in England and Wales, No. 04012715, Address: 109 High Street, Thame, Oxon, OX9 3DZ. Tel: 0845 094 1832