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BankruptcyNews
Junior Member

358 Posts
Posted - 15 August 2007 :  12:18:00  Show Profile  Reply with Quote
One in 10 uni students facing insolvency

A staggering one out of 10 university students in the UK is facing being declared insolvent because of the debts they have accumulated while studying.

Research by uSwitch.com, the price comparison website, found that students face total debts of £3.2bn, almost three times that of the class of 1997.

uSwitch found that one in 10 could be declared insolvent after borrowing thousands to pay for tuition fees and accommodation.

This startling finding comes as 200,000 sixth-formers prepare to start university this year.

Source: accountancyage.com

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