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Many young people will choose to find a job rather than racking up huge debts at university.
Recent research by Alliance and Leicester shows that 43 per cent of young people between the age of 16 and 21 were put off going to university by the idea of getting into debt.
While many people choose to take on part time jobs during the university year, over fifty per cent of people the same age who are already working decide not to go to university, with the prospect of making cash immediately.
Head of current accounts at Alliance and Leicester, Andy Bayes, told FinanceWeek: "Many 16-21 year olds now make the positive choice to go straight into work rather than university and as a result are very career driven.
"It is encouraging to see that by taking this route many people become financially savvy with their money from a relatively early age."
This year's Royal Bank of Scotland Student Living Index revealed that two in every five students will work part time during term time in order to help fund living costs and elevated tuition fees.
It found that the average student doing so earns around £98 per week but that the highest income from this type of employment was for student in London, who can earn as much as £146.10 every week.
Find and apply for part-time jobs through our Part-Time Job Search facility, or broaden your horizons through the All Jobs Search
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