Tag: Debt

Science

The student guinea pig

We all understand the stress of thousands of pounds of student debt looming over us (sorry to remind you of that), but just how far would you go to pay off the money you owe? Some students are going to extents that may be considered extreme. In order to be paid sums of up to…

Features

Should we treat our degrees like consumer products?

Degrees, although an extreme example, can be said to be a consumer product. As students, we are paying for a service and an end product, and naturally this is expected to be of the highest standard possible. If a product is purchased from a retail business or service, and the quality is not up to…

Gaming

Game Opinions: why Animal Crossing is completely necessary

Since 2016, when the Trump administration took over, there has been a growing trend in the media produced and presented to us on our phones and TVs, on Netflix, and in the games we play. Is this simply a coincidence or a product of this harrowing political landscape? Either way, it has a name… Nicecore….

Finance

Warning issued over record debt levels

The International Monetary Fund (IMF) has forecast strong and broad-based growth for 2018 in its’ biannual World Economic Outlook report. However, beyond the near-term optimism, the IMF has expressed the need to use growth to reduce government debt. Since the financial crisis global debt has surged to 225 percent of world GDP in 2016. Government…

Finance

SLC under investigation

The Treasury Committee is to investigate the student loan system and the financial implications of tuition fees, joining two other committees also looking into higher education finances. Lead by Nicky Morgan MP, the probe will examine the repayment threshold and interest rates as students face rates of 6.1 percent. It will additionally assess the impact of…

Finance

Students gambling with their future

Research into student gambling has reignited questioning as to whether government regulation on the betting industry should increase. A survey conducted for the Gambling Commission concluded many students put their health and education at risk after falling into dangerous gambling habits. The National Union of Students (NUS) said gambling is seen as “a quick fix”…

News

Study says debt deters poorer students from university

A study has shown that students from lower income families are more likely to be discouraged from going to university due to higher tuition fee debt levels. Researchers from the UCL Institute of Education surveyed potential university applicants in 2015 and compared their results to another survey taken in 2002, when tuition fees were around…

Featured Posts, News

Non repayment of student loans to become a criminal offence

Graduates who fail to repay their student loans on time could be prosecuted, the universities minister has announced. Jo Johnson has announced that the government will have “zero tolerance” for anyone found to be deliberately avoiding repayments of their student debt. It is also working to improve its information on ex-students now living and working…

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