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Words: | Submitted: Thu Jan 13 2005
... put off by the huge amount of money they will owe by the time they have finished university. It has been widely publicised that many universities are finding it increasingly hard to find funding and maintain their standard of schooling. For example, students only pay a quarter of the amount it costs to cover their course, but considering one of this government's main aims was to increase the number of students in Higher Education, trebling the fees seems a bit extraordinary to me. Think about it, if I did a four year course paying £3000 a year, plus a £3000 a year student loan for living expenses: that would leave me in £24,000 debt. So what if I don't have to start paying it back until I'm earning £15,000 a year, I will be so limited on what I can do with regards to borrowing more money and using credit ...
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