Wednesday, November 24, 2010

More Students Put Off University because of High Costs

Day after day more people put off university because of the rising costs and debts that follow higher education. Answer Bank has carried out the public opinion poll, which showed that over 60 per cent of people are put off university because of the financial obligation.The results of asking of 1,200 people shows that Government attempts to simplify the financial hurt on students are not working. The weight of having huge debts is a restriction for those who can not afford the costs that come with getting further education.his year the Government has introduced the top-up fees and this added to people’s money worries. People starting university this autumn can expect to pay up to £3000 a year for their degree which is a enormous increase on the £1,175 that was paid by students last year. This, as well as increased living costs means that student debts will usual at around £18,000 after completing university.Nat West Student Money Matters found that the common salary of graduates has decreased from £14,090 in 2005 to only £13,860 this year. All these facts led o the fact, that people do not want to get higher education, as I is financially not profitable. All of which has contributed to people refusing from higher education.Even though any debts faced by students do not have to be paid back until after degree completion, it is a very intimidating vision to owe thousands of pounds. It is also another lumber on parents who will undoubtedly have to pay more money for sons and daughters having hoped to see them a successful people in future with prosperous career, when finishing university.
13 per cent of students said that absent family and friends makes them go to university. Only 7 per cent of people asked said they were made go to university because it may not be applicable to their future career.

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