University Finances: Freshers Share Their Struggles

Across the UK freshers are heading off to university, many leaving home for the first time and most of them are paying for at least some of that with their student loans.

Graduates in England leave university with average debts of around £48,500 according to the Student Loans Company.

Tuition fees vary depending on where you live in the UK. Last year students in England were told they'd be paying back their loans longer than the graduates who came before them.

So, this week we're looking at how much a degree really costs. Felicity Hannah will be joined by Tom Allingham from Save the Student and Kellie McAlonan, Chair of the charity the National Association of Student Money Advisers.

Presenter: Felicity Hannah Producer: Sarah Rogers Editor: Jess Quayle

(This episode was first broadcast 3pm on Wednesday 25th September 2024)